5 Stocks to Buy Today: September 30, 2021

5 Stocks to Buy Today
by 5paisa Research Team 29/09/2021

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

1. Indian Energy (IEX)

Indian Energy Stock Details for Today

- Current Market Price: Rs.637

- Stop Loss: Rs. 620

- Target 1: Rs. 655

- Target 2: Rs. 673

- Holding Period: One week

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

 

2. IRB Infrastructure (IRB)

IRB Infrastructure Stock Details for Today: 

- Current Market Price: Rs. 190

- Stop Loss: Rs. 184

- Target 1: Rs. 197

- Target 2: Rs. 204

- Holding Period: 1 week

5paisa Recommendation: Our technical analysts observe positive chart structure, thus recommending this stock as the best stock to buy today. 

 

3. TATA Chemicals (TATACHEM)

TATA Chemicals Stock Details for Today: 

- Current Market Price: Rs. 933

- Stop Loss: Rs. 905

- Target 1: Rs.965

- Target 2: Rs. 1,000

- Holding Period: 1 week

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

 

4. HEG Ltd (HEG)

HEG Ltd Stock Details for Today: 

- Current Market Price: Rs. 2,313

- Stop Loss: Rs. 2,270

- Target 1: Rs. 2,3175

- Target 2: Rs. 2,450

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects further buying in the stock and recommends buying this stock.

 

5. Ajanta Pharma (AJANTPHARM)

Ajanta Pharma Stock Details for Today: 

- Current Market Price: Rs. 2,301

- Stop Loss: Rs. 2,250

- Target 1: Rs. 2,350

- Target 1: Rs. 2,415

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see end in sideways move of the stock hence making this stock best stock to buy.

 

Share Market Today

SGX NIFTY: 

SGX Nifty indicates flat to negative opening for Indian markets.SGX Nifty is at 17,691.20 levels, lower 19.15 points. (Updated at 7:46 AM).

International Markets:

US Market:

US markets ended mixed with Dow Jones gaining 90 points while Nasdaq closed with losses of 34 points even as the Russell 2000 index closed in the red.

Bond yields closed slightly lower at 1.51% while the US$ index closed at 6-month highs at 94.34 which sees emerging markets under pressure.

 

Asian Market:

Asian markets opened in the red like the Japanese 'Nikkei' traded lower by 150 points in early trade, while the Taiwan and South Korean markets also were under pressure as technology stocks saw selling pressure.

Chinese stocks have been seeing selling as fresh money enters other Asian markets with Indian equities seeing maximum interest.
 

Disclaimer: The above report is compiled from information available on the public platforms.

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