Are you looking for solid intraday stocks? Check out these worthy considerations

Are you looking for solid intraday stocks? Check out these worthy considerations

Indian Market
by 5paisa Research Team Last Updated: 2022-12-10T21:03:41+05:30

Nifty 50 is likely to head higher amid an optimistic speech from US Fed Chair Jerome Powell on rate hikes. Read on to find out more about stocks that are worthy intraday consideration.

Nifty 50 witnessed a strong opening at 18,871.95, recording a new all-time high as against yesterday’s closing of 18,758.35. This was amid strong global cues. On Wednesday, key Wall Street indices rejoiced as Federal Reserve Chairman Jerome Powell signalled the rate hikes to slow down as soon as next month.

This led big tech companies to green, while treasury yield tumbled. Tech-heavy Nasdaq Composite gained 4.41%, Dow Jones Jumped 2.18%, and S&P 500 climbed 3.09% in overnight trade.

At 09:24 a.m., Nifty 50 was trading higher at 18,874.8, up by 116.45 points or 0.62%. Broader markets performed mixed when compared to large-cap indices. Nifty Mid-Cap 100 Index was up by 0.2%. Nifty Small-Cap 100 index was trading in line with the Nifty 50 gaining 0.6%.

According to the data as on November 30, FIIs were net buyers and DIIs were net sellers. Foreign Institutional Investors (FII) bought shares worth Rs 9,010.41 crore. Domestic Institutional Investors (DII) sold shares to the tune of Rs 4,056.4 crore.

The following is the list of powerful stocks having a solid intraday setup.

Stock Name 

CMP (Rs) 

Change (%) 

Volume 

Mazagon Dock Shipbuilders Ltd. 

921.5 

1.4 

9,21,682 

Likhitha Infrastructure Ltd. 

482.0 

2.6 

7,39,748 

PB Fintech Ltd. 

459.9 

1.6 

3,34,682 

State Bank of India 

605.1 

0.4 

8,84,721 

Varun Beverages Ltd. 

1,254.6 

0.4 

7,50,719 

Tata Motors Ltd. 

441.0 

0.4 

9,59,000 

Jindal Steel & Power Ltd. 

539.3 

0.7 

5,86,656 

Reliance Industries Ltd. 

2,741.5 

0.4 

6,91,308 

Adani Ports and Special Economic Zone Ltd. 

885.7 

0.5 

3,97,026 

KPIT Technologies Ltd. 

720.0 

0.7 

2,46,255 

 


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