Stocks to Buy Today: February 09 2022 - Jubilant, Bank of Baroda, SRF

Every morning our analysts scan through the markets universe and chose the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the best ones make it to the top 5 list. We also update on the performance of earlier recommendation every morning to help you with your trading journey. Read on to know the momentum stocks to buy today. The average holding period could be between 7-10 days on average.

List of 5 Stocks to Buy Today February 09

1. Gujarat Narmada (GNFC)

Gujarat Narmada Valley is involved in the business activities of Manufacture of urea and other organic fertilizers. Company’s Total Operating Revenue is Rs.5128.69 Cr. and Equity Capital is Rs.155.42 Cr. for the Year ended 31/03/2021. Gujarat Narmada Valley Fertilizers & Chemicals Ltd. is a Public Limited Listed company incorporated on 10/05/1976 and has its registered office in the State of Gujarat, India.

GNFC Share Price Details for Today: 

- Current Market Price: Rs.538

- Stop Loss: Rs.523

- Target 1: Rs.553

- Target 2: Rs.570

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see strong volume in this stock hence making this stock best stock to buy.

2. SRF LTD (SRF)

SRF Ltd. is involved in the business activities of Manufacture of basic chemicals, fertilizer and nitrogen compounds, plastics and synthetic rubber in primary forms. Company’s Total Operating Revenue is Rs.6988.32 Cr. and Equity Capital is Rs.60.26 Cr. for the Year ended 31/03/2021. SRF Ltd. is a Public Limited Listed company incorporated on 09/01/1970 and has its registered office in the State of Delhi, India.

SRF Share Price Details for Today: 

- Current Market Price: Rs.2,531

- Stop Loss: Rs.2,470

- Target 1: Rs.2,595

- Target 2: Rs.2,660

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects further buying opportunity in this stock and hence making this stock as the best stock to buy today.

3. BANKBARODA (BANKBARODA)

Bank Of Baroda belongs to the Industry of Finance - Banks - Public Sector. Company’s Total Operating Revenue is Rs.75983.66 Cr. and Equity Capital is Rs.925.37 Cr. for the Year ended 31/03/2020. Bank of Baroda is a Public Limited Listed company incorporated on 02/03/1911 and has its registered office in the State of Maharashtra, India.

BANKBARODA Share Price Details for Today: 

- Current Market Price: Rs.118

- Stop Loss: Rs.115

- Target 1: Rs.121

- Target 2: Rs.125

- Holding Period: 1 week

5paisa Recommendation: Sideways move to end in stock and thus making this stock as one of the best stocks to buy today.

4. SIS LTD (SIS)

Sis Ltd belongs to the Industry of Services - Others. Company’s Total Operating Revenue is Rs.3004.08 Cr. and Equity Capital is Rs.74.15 Cr. for the Year ended 31/03/2021. SIS Ltd. is a Public Limited Listed company incorporated on 02/01/1985 and has its registered office in the State of Bihar, India.

SIS Share Price Details for Today: 

- Current Market Price: Rs.549

- Stop Loss: Rs.534

- Target 1: Rs.565

- Target 2: Rs.582

- Holding Period: 1 week

5paisa Recommendation: Our technical experts observed positive chart for this stock and hence making this stock best stock to buy.

5. Jubilant Foodworks (JUBLFOOD)

Jubilant Foodworks is involved in the business activities of Tea/coffee shops. Company’s Total Operating Revenue is Rs.3268.87 Cr. and Equity Capital is Rs.131.97 Cr. for the Year ended 31/03/2021. Jubilant Foodworks Ltd. is a Public Limited Listed company incorporated on 16/03/1995 and has its registered office in the State of Uttar Pradesh, India.

JUBLFOOD Share Price Details for Today: 

- Current Market Price: Rs.3,240

- Stop Loss: Rs.3,160

- Target 1: Rs.3,325

- Target 2: Rs.3,410

- Holding Period: 1 week

5paisa Recommendation: Recovery on cards in this stock is expected and thus making this stock as one of the best stocks to buy today.

Share Market Today

SGX Nifty:

SGX Nifty indicates a positive opening for the Indian markets. SGX Nifty is trading at 17,325.50 levels, up 66 points. (Updated at 8:30 AM).

International Market

Asian Market:

Asian stocks rose in morning trades. Japan's benchmark Nikkei 225 is up 0.90% to trade at 27,530.82. Hong Kong's Hang Seng is trading up 1.17% at 24,745.39, while the Shanghai Composite trades up 0.25% at 3,461.39.

US Market:

US stocks closed higher led by technology companies and banks, more than making up the market's losses a day earlier. The Dow Jones Industrial Average closed up 1.06% at 35,462.78; the S&P 500 closed up 0.84%, at 4,521.54; and the Nasdaq Composite closed up 1.28%, at 14,194.46.

Also read: 5 BTST Stocks: BTST Stock List for today February 09