Sun Pharmaceutical Industries Ltd: It is one of the largest and most established pharmaceutical companies in India, with a diverse product portfolio and a strong presence in both domestic and international markets. Look for recent developments in their pipeline, regulatory approvals, and sales performance.
Dr. Reddy’s Laboratories Ltd: Another major player in the Indian pharma industry with a significant global presence. Consider factors like their R&D initiatives, partnerships, and regulatory compliance when assessing their potential for intraday trading.
State Bank of India: State Bank of India is the largest public sector bank in India, offering a wide range of banking and financial services. It plays a crucial role in the Indian banking sector and is often considered a barometer of the country’s economy. Traders may find SBIN appealing due to its liquidity and sensitivity to market news and economic indicators.
Axis Bank Ltd: Axis Bank is another prominent private sector bank in India, offering a wide range of financial products and services to retail and corporate customers. It has been focusing on digital transformation and expanding its market share in various banking segments. Traders may find AXISBANK appealing due to its liquidity and potential for short-term price movements.
Hindustan Unilever Ltd: Hindustan Unilever is one of India’s largest and most established FMCG companies, with a diverse product portfolio spanning various categories such as personal care, home care, and foods. It has a strong distribution network and brand equity. Intraday traders often find interest in stocks with high liquidity and consistent price movements, both of which HINDUNILVR typically exhibits.
ITC Ltd: ITC is a diversified conglomerate with a significant presence in the FMCG sector, particularly in segments like cigarettes, FMCG, hotels, paperboards & specialty papers, and packaging. It has been expanding its portfolio into newer segments like health and hygiene products, which could provide growth opportunities. Traders may find ITC attractive due to its price volatility and potential for short-term gains.
Infosys Ltd: Infosys is one of the largest IT services companies in India, with a global presence and a diversified portfolio of services including consulting, software development, and outsourcing. It is known for its robust financials, strong management, and consistent performance. INFY typically sees high trading volumes and price movements, making it attractive for intraday trading.
Tata Consultancy Services Ltd: TCS is a leading global IT services, consulting, and business solutions organization. It has a strong track record of financial performance, innovation, and customer satisfaction. TCS often exhibits high liquidity and volatility, making it a preferred choice for intraday traders seeking short-term price movements.
Oil and Natural Gas Corporation Ltd: ONGC is India’s largest exploration and production company in the oil & gas sector. It plays a crucial role in India’s energy security and is often influenced by global crude oil prices and government policies. ONGC typically experiences trading volumes and price movements that make it suitable for intraday trading strategies.
NTPC Ltd: NTPC is India’s largest power utility company, engaged in the generation and sale of electricity. It operates coal, gas, hydro, and renewable energy power plants across India. NTPC’s stock may appeal to intraday traders due to its sensitivity to news related to energy demand, fuel prices, and regulatory developments.
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! 😊
