Stocks to Buy Today: March 10 2022 - Bajaj Finance, Tata Elxsi, SIS Ltd

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 March 10

1. Bajaj Finance (BAJFINANCE)

Bajaj Finance L belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs.23532.16 Cr. and Equity Capital is Rs.120.32 Cr. for the Year ended 31/03/2021. Bajaj Finance Ltd. is a Public Limited Listed company incorporated on 25/03/1987 and has its registered office in the State of Maharashtra, India.

BAJFINANCE Share Price Details for Today: 

- Current Market Price: Rs.6,473

- Stop Loss: Rs.6,325

- Target 1: Rs.6,615

- Target 2: Rs.6,785

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see stock is near support hence making this stock best stock to buy.

2. Tata Elxsi (TATAELXSI)

Tata Elxsi belongs to the Industry of IT Consulting & Software. Company’s Total Operating Revenue is Rs.1826.16 Cr. and Equity Capital is Rs.62.28 Cr. for the Year ended 31/03/2021. Tata Elxsi Ltd. is a Public Limited Listed company incorporated on 30/03/1989 and has its registered office in the State of Karnataka, India.

TATAELXSI Share Price Details for Today: 

- Current Market Price: Rs.6,993

- Stop Loss: Rs.6,820

- Target 1: Rs.7,165

- Target 2: Rs.7,350

- 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.

3. Mangalam Global (MGEL)

Mangalam Global Enterprise is involved in the business activities of Manufacture of vegetable and animal oils and fats. Company’s Total Operating Revenue is Rs.907.78 Cr. and Equity Capital is Rs.25.09 Cr. for the Year ended 31/03/2021. Mangalam Global Enterprise Ltd. is a Public Limited Listed company incorporated on 27/09/2010 and has its registered office in the State of Gujarat, India.

MGEL Share Price Details for Today: 

- Current Market Price: Rs.205

- Stop Loss: Rs.199

- Target 1: Rs.211

- Target 2: Rs.219

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see stock is near support hence making this stock best stock to buy.

4. SIS LTD (SIS)

Fine Organic Industries is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company’s Total Operating Revenue is Rs.1121.29 Cr. and Equity Capital is Rs.15.33 Cr. for the Year ended 31/03/2021. Fine Organic Industries Ltd. is a Public Limited Listed company incorporated on 24/05/2002 and has its registered office in the State of Maharashtra, India.

SIS Share Price Details for Today: 

- Current Market Price: Rs.4,069

- Stop Loss: Rs.3,950

- Target 1: Rs.4,190

- Target 2: Rs.4,271

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see stock is near support hence making this stock best stock to buy.

5. 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.66

- Stop Loss: Rs.64

- Target 1: Rs.68

- Target 2: Rs.72

- 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.

Share Market Today

SGX Nifty:

SGX Nifty indicates a positive opening for the Indian markets. SGX Nifty is trading at 16,651.50 levels, up 306.50 points. (Updated at 8:20 AM).

International Market

Asian Market:

Asian stocks were trading in green. Japan's benchmark Nikkei 225 is up 3.84% to trade at 25,667.85. Hong Kong's Hang Seng is trading up 2.06% at 21,052.24, while the Shanghai Composite trades up 1.83% at 3,315.86.

US Market:

US stocks closed higher. It surged the most since June 2020. The Dow Jones Industrial Average closed up 2% at 33,286.25; the S&P 500 closed up 2.57%, at 4,277.88; and the Nasdaq Composite closed up 3.60% at 13,255.55.