Stocks to Buy Today: February 10 2022 - Maruti Suzuki, Lupin, Adani

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 10

1. Maruti Suzuki (MARUTI)

Maruti Suzuki India is involved in the business activities of Manufacture of passenger cars. Company’s Total Operating Revenue is Rs.70332.50 Cr. and Equity Capital is Rs.151.00 Cr. for the Year ended 31/03/2021. Maruti Suzuki India Ltd. is a Public Limited Listed company incorporated on 24/02/1981 and has its registered office in the State of Delhi, India.

MARUTI Share Price Details for Today: 

- Current Market Price: Rs.8,949

- Stop Loss: Rs.8,750

- Target 1: Rs.9,150

- Target 2: Rs.9,400

- Holding Period: 1 week

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

2. TV18 Broadcast (TV18BRDCST)

Tv18 Broadcast is involved in the business activities of Television programming and broadcasting activities. Company’s Total Operating Revenue is Rs.1104.18 Cr. and Equity Capital is Rs.342.87 Cr. for the Year ended 31/03/2021. TV18 Broadcast Ltd. is a Public Limited Listed company incorporated on 06/06/2005 and has its registered office in the State of Maharashtra, India.

TV18BRDCST Share Price Details for Today: 

- Current Market Price: Rs.69.5

- Stop Loss: Rs.67.5

- Target 1: Rs.71.5

- Target 2: Rs.74

- 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. Lupin Ltd (LUPIN)

Lupin Ltd. is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. Company’s Total Operating Revenue is Rs.11055.93 Cr. and Equity Capital is Rs.90.74 Cr. for the Year ended 31/03/2021. Lupin Ltd. is a Public Limited Listed company incorporated on 01/03/1983 and has its registered office in the State of Maharashtra, India.

LUPIN Share Price Details for Today: 

- Current Market Price: Rs.801

- Stop Loss: Rs.780

- Target 1: Rs.823

- Target 2: Rs.846

- 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. Persistent Systems (PERSISTENT)

Persistent Systems is involved in the business activities of Computer programming, consultancy and related activities. Company’s Total Operating Revenue is Rs.2479.61 Cr. and Equity Capital is Rs.76.43 Cr. for the Year ended 31/03/2021. Persistent Systems Ltd. is a Public Limited Listed company incorporated on 30/05/1990 and has its registered office in the State of Maharashtra, India.

PERSISTENT Share Price Details for Today: 

- Current Market Price: Rs.4,367

- Stop Loss: Rs.4,270

- Target 1: Rs.4,475

- Target 2: Rs.4,590

- 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. Adani Enterprises (ADANIENT)

Adani Enterprises Ltd is involved in the business activities of Wholesale of solid, liquid and gaseous fuels and related products. Company’s Total Operating Revenue is Rs.13358.73 Cr. and Equity Capital is Rs.109.98 Cr. for the Year ended 31/03/2021. Adani Enterprises Ltd. is a Public Limited Listed company incorporated on 02/03/1993 and has its registered office in the State of Gujarat, India.

ADANIENT Share Price Details for Today: 

- Current Market Price: Rs.1,743

- Stop Loss: Rs.1,740

- Target 1: Rs.1,830

- Target 2: Rs.1,870

- 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 17,508.50 levels, up 24.50 points. (Updated at 8:30 AM).

International Market

Asian Market:

Asian stocks were steady as traders awaited inflation data that may shape views on how aggressively the Federal Reserve will tighten monetary policy. Japan's benchmark Nikkei 225 is up 0.07% to trade at 27,598.11. Hong Kong's Hang Seng is trading down 0.09% at 24,807.13, while the Shanghai Composite trades up 0.09% at 3,483.06.

US Market:

US stocks closed higher as tech shares led a broad rally, clawing back some of their losses after a rough start to the year. The Dow Jones Industrial Average closed up 0.86% at 35,768.06; the S&P 500 closed up 1.45%, at 4,587.18; and the Nasdaq Composite closed up 2.08%, at 14,490.38.