Stock Market: Top Stocks to Watch Today (03rd July, 2024 – Wednesday)
Punjab National Bank: PNB is a well-established public sector bank. It has shown positive momentum recently, and its valuation appears attractive. The current price-to-earnings (P/E) ratio is reasonable, making it a potential pick for intraday trading.
State Bank of India: SBI is the largest public sector bank in India. It has a wide customer base and offers various financial services. The stock’s valuation is attractive, and it has the potential for intraday gains.
ITC: ITC is a diversified conglomerate with a strong presence in FMCG, personal care, and other sectors. It has consistently performed well and offers a wide range of products. Analysts rate it highly, making it a favorable choice.
Britannia: Known for its quality food products, Britannia has a loyal customer base. While its analyst rating is slightly lower, its market capitalization and brand reputation still make it an interesting option.
Pfizer: With a strong reputation in mass-producing generic medications, Pfizer is a global pharmaceutical giant. Analysts rate it highly, making it a favorable choice.
Fortis Healthcare: Fortis is a leading healthcare provider in India. Its consistent performance and growth potential contribute to its appeal.
Zee Entertainment Enterprises: Zee is a well-known media conglomerate with a diverse portfolio.
Sun TV Network: Sun TV is a major player in the regional television market. Its stock movement can be influenced by viewership trends and advertising revenues.
Adani Power: Adani Power is a prominent player in the energy sector. It has shown positive momentum recently, and its valuation appears attractive. Keep an eye on its price movement during the day.
Coal India Ltd: Coal India is a major coal producer in India. Its consistent performance and market position contribute to its appeal.
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 😊
