5 Stocks to Buy Today: September 20, 2021

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 Today

1. Quess Corp Ltd (QUESS)

Quess Corp Limited is a provider of technological and business services with headquarters based in Bangalore. Quess divides its business into workforce management, asset management, and technology. 

QUESS Stock Details for Today: 

- Current Market Price: Rs.972

- Stop Loss: Rs.947

- Target 1: Rs.992

- Target 2: Rs.1,015

- Holding Period: 1 week

5paisa Recommendation: Our technical analysts observe a strong volume in this stock.

2. CRISIL Ltd (CRISIL)

CRISIL is an Indian analytical company providing ratings, research, and risk and policy advisory services and is a subsidiary of American company S&P Global.Formerly Credit Rating Information Services of India Limited, CRISIL was the first credit rating agency in India, introduced in 1988 by the ICICI and UTI jointly with share capital coming from SBI, LIC and United India Insurance Company. In April 2005, US based credit rating agency S&P acquired the majority shares of company.

CRISIL Stock Details for Today: 

- Current Market Price: Rs. 2,912

- Stop Loss: Rs. 2,850

- Target 1: Rs. 2,970

- Target 2: Rs. 3,020

- Holding Period: 1 week

5paisa Recommendation: Our technical analysts observed that sideways move in this stock is expected to end. 

3. Schneider Electric Infrastructure Ltd (SCHNEIDER)

Schneider Electric Infrastructure Limited, formerly Smartgrid Automation Distribution And Switchgear Limited, is engaged in distribution business. The Company provides solution for utility, M&M, Cement, automobile, glass, cogen, solar, wind, powergen, transport, oil and gas, and smart city sectors. The Company's products and services include transformation, equipment, components, ring main units, auto-reclosures and automation.

SCHNEIDER Stock Details for Today: 

- Current Market Price: Rs. 120

- Stop Loss: Rs. 117

- Target 1: Rs.124

- Target 2: Rs. 128

- Holding Period: 1 week

5paisa Recommendation: Our technical analysts are expecting a bounce in this stock and thus recommend this as one of the stocks to buy today.

4. Housing And Urban Development Corp Ltd (HUDCO)

Housing and Urban Development Corporation, Ltd. (HUDCO) provides housing and utility infrastructure services in India. Its activities include loans and financial assistance for housing activities, including urban housing, rural housing, co-operative housing, slum upgradation, staff housing, and repairs and renewals; loan assistance for housing by NGOs and private builders; take out finance for state government, public agencies, and private corporate sector agencies; land acquisition and area development schemes; and implementing agencies.

HUDCO Stock Details for Today: 

- Current Market Price: Rs. 45

- Stop Loss: Rs. 42

- Target 1: Rs. 50

- Holding Period: 1 week

5paisa Recommendation: Recovery on cards.

5. Manali Petrochemicals Ltd (MANALIPETC)

Manali Petrochemicals Ltd is a leader in the production and marketing of propylene glycol and polyols in India.The product range of the company includes Propylene oxide, Propylele Glycol and Polyol.

MANALIPETC Stock Details for Today: 

- Current Market Price: Rs. 103

- Stop Loss: Rs. 100

- Target 1: Rs. 111

- Holding Period: 1 week

5paisa Recommendation:  Our technical analysts observed that the uptrend is expected to continue in this stock. Thus making stock as one of our strongest recommended Stocks to Buy Today. 

Share Market Today

SGX NIFTY: 

SGX Nifty indicates negative opening for Indian markets. SGX Nifty is at 17,440 levels, lower 165 points. (Updated at 7:55 AM).

International Markets:

US Market:

US markets ended in the red on Friday as triple "witching" of options sees pressure on weak indices.

Dow Jones loses 166 while Nasdaq has its worst week in over 2 months ending lower by 138 points. Bond yields close near 1.28% while US$ closes near 92.78.

Asian Market:

Asian markets opened weak with Dow Jones futures down over 100 points. The Federal Reserve may indicate 'tapering' of bond purchases which could be negative for emerging markets.

The default of Chinese large reality player 'Evergrande’ also saw indices weak with the sentiment on the caution side.