Stocks to Buy Today: 5 Best Shares to Buy on 09-Jun-22

stocks to buy today on 09 June 2022
Shares to Buy: Glenmark Pharma, Bank of Baroda, Oberoi Realty & More

by 5paisa Research Team Last Updated: Jun 09, 2022, 05:20 PM IST

Stocks to Buy Today
 

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

GLENMARK

BUY

394

378

416

430

BRIGADE

BUY

462

450

478

490

WELCORP

BUY

238.30

230.80

250

262

BANKBARODA

BUY

103

99

110

114

OBEROIRLTY

BUY

780

755

820

845

 

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 on Jun 09, 2022

1. Glenmark Pharmaceuticals (GLENMARK)

Glenmark Pharmaceuticals is involved in the business activities of manufacture of allopathic pharmaceutical preparations. Company’s Total Operating Revenue is Rs.7567.93 Cr. and Equity Capital is Rs.28.22 Cr. for the Year ended 31/03/2021. Glenmark Pharmaceuticals Ltd. is a Public Limited Listed company incorporated on 18/11/1977 and has its registered office in the State of Maharashtra, India.

Glenmark Pharmaceuticals Share Price Target for Today

- Current Market Price: Rs.394

- Stop Loss: Rs.378

- Target 1: Rs.416

- Target 2: Rs.430

- Holding Period: 1 week

5paisa Recommendation: Reversed from support in Glenmark Pharmaceuticals is expected and thus making this stock as one of the best stocks to buy today.

2. Brigade Enterprises (BRIGADE)

Brigade Enterprises belongs to the Industry of Construction & Contracting. Company’s Total Operating Revenue is Rs.2160.76 Cr. and Equity Capital is Rs.230.26 Cr. for the Year ended 31/03/2022. Brigade Enterprises Ltd. is a Public Limited Listed company incorporated on 08/11/1995 and has its registered office in the State of Karnataka, India.

Brigade Enterprises Share Price Target for Today:

- Current Market Price: Rs.462

- Stop Loss: Rs.450

- Target 1: Rs.478

- Target 2: Rs.490

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects on verge of breakout in Brigade Enterprises and hence making this stock as the best stock to buy today.
 

Start Investing in 5 mins*

Get Benefits worth 5100* | Rs.20 Flat Per Order | 0% Brokerage

 


3. Welspun Corp (WELCORP)

Welspun Corp is involved in the business activities of manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. Company's Total Operating Revenue is Rs.4642.11 Cr. and Equity is 130.44 Cr. for the Year ended 31/03/2021. Welspun Corp Ltd. is a Public Limited Listed company incorporated on 26/04/1995 and has its registered office in the State of Gujarat, India.

Welspun Corp Share Price Target for Today:

- Current Market Price: Rs.238.30

- Stop Loss: Rs.230.80

- Target 1: Rs.250

- Target 2: Rs.262

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see on bullish trend in this stock hence making Welspun Corp, the best stock to buy.

4. Bank of Baroda (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.

Bank of Baroda Share Price Target for Today:

- Current Market Price: Rs.103

- Stop Loss: Rs.99

- Target 1: Rs.110

- Target 2: Rs.114

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see on volume spurt in this stock hence making Bank of Baroda, the best stock to buy. 

5. Oberoi Realty (OBEROIRLTY)

Oberoi Realty is involved in the business activities of construction of buildings. Company’s Total Operating Revenue is Rs.849.67 Cr. and Equity Capital is Rs.363.60 Cr. for the Year ended 31/03/2021. Oberoi Realty Ltd. is a Public Limited Listed company incorporated on 08/05/1998 and has its registered office in the State of Maharashtra, India.

Oberoi Realty Share Price Target for Today

- Current Market Price: Rs.780

- Stop Loss: Rs.755

- Target 1: Rs.820

- Target 2: Rs.845

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see oberoi realty has rising volume in this stock hence making this stock best stock to buy.


Share Market Today
 

Indices

Current Value

% Change

SGX Nifty (8:00 AM)

16,275.50

-0.45%

Nikkei 225 (8:00 AM)

28,278.45

+0.16%

Shanghai Composite (8:00 AM)

3,252.38

-0.35%

Hang Seng (8:00 AM)

21,907.54

-0.49%

Dow Jones (last close)

32,910.90

-0.81%

S&P 500 (last close)

4,115.77

-1.08%

Nasdaq (last close)

12,086.27

-0.73%


SGX Nifty indicates a negative opening for the Indian markets. Asian stocks were trading mixed while US stocks closed lower in the overnight session on Wall Street.

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Disclaimer

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
SENSEX
52,907.93
-111.01 (-0.21%)
Nifty 50
15,752.05
-28.20 (-0.18%)
Nifty Bank
33,539.45
114.35 (0.34%)

Open Free Demat Account

& get benefits worth 2100*

 
Resend OTP
Please Enter OTP
  • Have Promo code?
  • Use code ACT2100
Enter Promo code

By proceeding, you agree to the T&C.

SENSEX
52,907.93
-111.01 (-0.21%)
Nifty 50
15,752.05
-28.20 (-0.18%)
Nifty Bank
33,539.45
114.35 (0.34%)

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number