Stock Market: Top Stocks to Watch Today (16th Sep, 24 – Monday)
Adani Green Energy Limited: Adani Green has been in the news for its aggressive expansion plans and recent acquisitions in the renewable energy space. AGEL’s rapid growth and strategic acquisitions enhance its market position. Its focus on solar and wind energy projects provides a robust growth trajectory.
NTPC Limited: NTPC has been increasing its renewable energy capacity and recently commissioned new solar power plants. As India’s largest power utility, NTPC’s shift towards renewable energy is significant. Its strong operational performance and government backing make it a reliable stock for intraday trading.
Sun TV Network Limited: Sun TV has been performing well with strong viewership ratings and consistent advertising revenue. Its robust financials and leading position in the South Indian market make it a reliable stock for short-term trading.
PVR Limited: PVR has seen a resurgence in footfall with the release of several blockbuster movies, boosting its revenue. As a leading multiplex chain, PVR’s recovery post-pandemic and strong box office collections make it an attractive intraday stock.
ICICI Bank: ICICI Bank has recently announced several digital banking initiatives aimed at enhancing customer experience. ICICI Bank’s focus on digital transformation and its strong asset quality position it well for short-term gains.
State Bank of India: SBI has been performing well with significant improvements in its asset quality and profitability. As the largest public sector bank in India, SBI’s extensive reach and government backing provide stability and growth potential.
Bajaj Auto Limited: Bajaj Auto has been in the spotlight for its strong export performance and new model launches. Bajaj Auto known for its two-wheelers and three-wheelers, Bajaj Auto’s strong export market and innovative product lineup make it a reliable stock for intraday trading.
Hero MotoCorp Limited: Hero MotoCorp has recently launched new models and reported strong sales growth. As the world’s largest two-wheeler manufacturer, Hero MotoCorp’s strong market position and continuous innovation make it a good pick for short-term trading.
Sun Pharmaceutical Industries: Sun Pharma has reported strong quarterly earnings and has been expanding its specialty drug portfolio. As one of the largest pharma companies in India, Sun Pharma’s diverse product range and strong market presence make it an attractive option for traders.
Lupin Limited: Lupin has recently received US FDA approval for several new drugs, enhancing its market potential. Lupin’s focus on regulatory compliance and its expanding product portfolio provides a solid foundation for intraday trading.
Disclaimer: Please note that these are our observations based on the current market performance and past data. It is always a good idea to do your own research before making any trading decisions. Also, consider using fundamental & technical analysis tools to identify entry and exit points. Always stay informed about market news and events that could impact these stocks.
Happy Trading 😊
