Top Intraday Stocks For Today

Intraday stocks refer to shares that are bought and sold within the same trading day. Traders aim to capitalize on short-term price fluctuations, executing multiple transactions throughout the day. This strategy requires quick decision-making, technical analysis and a good understanding of market trends to maximize potential profits.

The table below shows the top intraday stocks for today based on the highest market capitalisation and 1-year return.

List of Best Intraday Stocks in India

Reliance Industries Ltd

The Market Cap of Reliance Industries Ltd is Rs. 2,065,289.91 crores. The stock’s monthly return is -1.00%. Its one-year return is 28.85%. The stock is 5.41% away from its 52-week high.

Reliance Industries Limited is a company based in India that is involved in various activities such as hydrocarbon exploration and production, petroleum refining, marketing, petrochemicals, advanced materials, composites, renewables (solar and hydrogen), retail and digital services. The company operates in segments including Oil to Chemicals (O2C), Oil and Gas, Retail and Digital Services. 

The O2C segment comprises refining, petrochemicals, fuel retailing, aviation fuel, bulk wholesale marketing, transportation fuels, polymers, polyesters and elastomers. Its assets in the O2C business include aromatics, gasification, multi-feed and gas crackers, downstream manufacturing facilities, logistics and supply-chain infrastructure.  

HDFC Bank Ltd

The Market Cap of HDFC Bank Ltd is Rs. 1,337,032.25 crores. The stock’s monthly return is 8.62%. Its one-year return is 14.79%. The stock is 2.36% away from its 52-week high.

HDFC Bank Limited, a financial services conglomerate, offers a wide range of financial services including banking, insurance and mutual funds through its subsidiaries. The bank provides various services such as commercial and investment banking, branch banking and digital banking. 

Its Treasury segment comprises revenue from interest on investments, money market activities, gains or losses from investment operations and trading in foreign exchange and derivatives. The Retail Banking segment focuses on digital services and other retail banking activities, while the Wholesale Banking segment caters to large corporates, public sector units and financial institutions by providing loans, non-fund facilities and transaction services. 

Bharti Airtel Ltd

The Market Cap of Bharti Airtel Ltd is Rs. 1,039,300.27 crores. The stock’s monthly return is 16.67%. Its one-year return is 88.49%. The stock is 2.56% away from its 52-week high.

Bharti Airtel Limited is an international telecommunications company that operates in five key sectors: Mobile Services, Homes Services, Digital TV Services, Airtel Business and South Asia. In India, the Mobile Services segment offers voice and data telecommunications using 2G, 3G and 4G technologies. 

Homes Services provides fixed-line phone and broadband services in 1,225 cities across India. The Digital TV Services segment includes standard and HD digital TV services with 3D features and Dolby surround sound, offering a total of 706 channels, including 86 HD channels, 4 international channels and 4 interactive services.  

ICICI Bank Ltd

The Market Cap of ICICI Bank Ltd is Rs. 920,656.68 crores. The stock’s monthly return is 9.65%. Its one-year return is 38.54%. The stock is 4.27% away from its 52-week high.

ICICI Bank Limited, an India-based banking company, offers a variety of banking and financial services through its six segments. These segments include retail banking, wholesale banking, treasury operations, other banking activities, life insurance and other ventures. The bank also operates both domestically and internationally through its geographical segments.

Infosys Ltd

The Market Cap of Infosys Ltd is Rs. 789,756.84 crores. The stock’s monthly return is 1.13%. Its one-year return is 29.98%. The stock is 3.62% away from its 52-week high.

Infosys Limited is a company based in India that offers consulting, technology, outsourcing and digital services. Its business segments cover areas such as Financial Services, Retail, Communication, Energy, Utilities, Resources, Services, Manufacturing, Hi-Tech and Life Sciences. The remaining segments encompass various businesses in India, Japan, China, Infosys Public Services and other public service enterprises. 

The company’s core services consist of application management, proprietary application development, validation solutions, product engineering and management, infrastructure management, enterprise application integration and support.  

State Bank of India

The Market Cap of the State Bank of India is Rs. 716,334.02 crores. The stock’s monthly return is -1.87%. Its one-year return is 36.10%. The stock is 13.62% away from its 52-week high.

The State Bank of India is a banking and financial services provider headquartered in India. The company offers a diverse range of products and services to individuals, commercial enterprises, corporations, public bodies and institutional customers. Its operations are divided into segments such as Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business and Other Banking Business. 

The Treasury segment focuses on investment and trading in foreign exchange and derivative contracts. The Corporate/Wholesale Banking segment includes lending activities for corporate accounts, commercial clients and stressed assets resolution. The Retail Banking Segment provides personal banking services, including lending activities for corporate customers with banking relationships with its branches.

ITC Ltd

The Market Cap of ITC Ltd is Rs. 653,772.18 crores. The stock’s monthly return is 2.98%. Its one-year return is 16.38%. The stock is 1.11% away from its 52-week high.

ITC Limited, a holding company based in India, operates through several segments. These segments include Fast Moving Consumer Goods (FMCG), Hotels, Paperboards, Paper and Packaging and Agri-Business. In the FMCG segment, the company offers a variety of products such as cigarettes, cigars, personal care items, safety matches and packaged foods like staples, snacks, dairy products and beverages. 

The Paperboards, Paper and Packaging segment focuses on speciality paper and packaging solutions. The Agri-Business segment deals with various agricultural commodities like wheat, rice, spices, coffee, soya and leaf tobacco. ITC’s Hotel segment comprises six distinct brands with over 120 properties, catering to different market segments including luxury, lifestyle, premium, mid-market, upscale and leisure and heritage.

NTPC Ltd

The Market Cap of NTPC Ltd is Rs. 423,647.34 crores. The stock’s monthly return stands at 4.65%. Its one-year return is 82.57%. The stock is 1.28% away from its 52-week high.

NTPC Limited is an India-based company that specializes in power generation. The company’s main focus is on producing and selling large quantities of power to State Power Utilities. NTPC operates in two main segments: Generation and Others. The Generation segment is responsible for producing and selling power to state power utilities, while the Other segment provides services such as consultancy, project management, energy trading and more. 

NTPC owns and operates a total of 89 power stations in different Indian states, either on its own or through joint ventures and subsidiaries. Some of its key subsidiaries include NTPC Vidyut Vyapar Nigam Limited, NTPC Electric Supply Company Limited and NTPC Mining Limited, among others.

Axis Bank Ltd

The Market Cap of Axis Bank Ltd is Rs. 393,817.68 crores. The stock’s monthly return is 8.98%. Its one-year return stands at 24.19%. The stock is currently 5.22% away from its 52-week high.

Axis Bank Limited, an India-based company, provides a range of banking and financial services through its segments including Treasury, Retail Banking, Corporate/Wholesale Banking and Other Banking Business. 

The Treasury segment involves investments in various assets, trading operations and foreign exchange activities. Retail Banking offers a variety of services such as liability products, cards, online and mobile banking, ATM services, financial advisory and services for non-resident Indians. 

Mahindra and Mahindra Ltd

The Market Cap of Mahindra and Mahindra Ltd is Rs. 381,473.97 crores. The stock’s monthly return is 13.66%. Its one-year return is 100.33%. The stock is 1.21% away from its 52-week high.

Mahindra and Mahindra Limited is an Indian company that provides a variety of products and services including farm equipment, utility vehicles, information technology and financial services. The company is divided into segments such as Automotive, Farm Equipment, Financial Services and Industrial Businesses and Consumer Services. 

The Automotive segment includes the sale of automobiles, spare parts, mobility solutions, construction equipment and related services, while the Farm Equipment segment focuses on tractors, implements, spare parts and related services. Mahindra and Mahindra offer a wide range of products from SUVs, pickups and commercial vehicles to electric vehicles, two-wheelers and construction equipment.  

What are Intraday Stocks?

Intraday stocks refer to shares that are bought and sold within a single trading day. Traders engage in intraday trading to capitalize on short-term price fluctuations by executing numerous transactions throughout the day, aiming for quick profits.  

Investors who participate in intraday trading typically rely on technical analysis, market trends and real-time news to make informed decisions. This strategy is distinct from long-term investing, as it focuses on short-term movements rather than the company’s overall performance or fundamentals.

Features of Top Intraday Stocks in India

The key feature of top intraday stocks in India is high liquidity. Top intraday stocks typically demonstrate high liquidity, enabling traders to enter and exit positions quickly. This characteristic is vital for minimizing slippage and executing trades at desired price levels, maximizing profit potential while minimizing risk.

1. Volatility: These stocks often experience significant price fluctuations throughout the trading day, creating profit opportunities. Volatility is essential for intraday traders as it allows them to capitalize on rapid movements in stock prices, increasing the chances of successful trades.
2. Market News Sensitivity: Top intraday stocks frequently respond to market news and economic events, impacting their price action. Traders often track news feeds to identify stocks that may experience sharp movements, providing opportunities for quick gains based on news-driven momentum.
3. Technical Analysis Compatibility: These stocks are generally suitable for technical analysis, allowing traders to utilize charts and indicators effectively. Patterns and trends identified through technical analysis help traders make informed decisions, enhancing their chances of executing profitable trades during the day.
4. Strong Historical Performance: Many of the best intraday stocks have a track record of consistent price movement, showcasing their reliability for short-term trading. Traders often analyze historical performance to identify stocks that have repeatedly delivered profitable opportunities, supporting strategic trading decisions.

Best Intraday Stocks List Based on 6-Month Return

The table below shows the best intraday stocks list based on a 6-month return.

Best Intraday Stocks to Buy Today India Based on 5-Year Net Profit Margin

The table below shows the best intraday stocks to buy today in India based on 5-year net profit margin.

Best Stocks For Intraday Trading In India Based On 1M Return

The table below shows the best stocks for intraday trading in India based on 1-month return.

How Can I Identify the Top Stocks to Buy Tomorrow for Intraday Trading?

To identify top stocks for intraday trading tomorrow, focus on high liquidity, volatility and strong market trends. Use technical indicators like moving averages, RSI and volume analysis to spot potential breakouts. Track news and earnings reports for sudden market movements and choose stocks with consistent price action to maximize intraday trading opportunities.

Historical Performance Of Best Stocks In India For Intraday Trading

The table below shows the historical performance of the best stocks in India for intraday trading based on 5-year CAGR.

How to Select Stock for Intraday Trading?

To select stocks for intraday trading, prioritize liquidity. Stocks with higher trading volumes ensure smoother entry and exit, minimizing slippage. This helps traders quickly respond to market movements and maximize their short-term gains.

1. Volatility: Choose stocks with significant price fluctuations, as volatility creates opportunities for quick profits. Stocks with a wider range of movement throughout the day offer better chances for capturing gains in intraday trades.
2. Sector Trends: Analyze current sector performance. Stocks within trending sectors are likely to move in predictable patterns, making it easier to identify trading opportunities based on prevailing market sentiment and momentum.
3. News Impact: Stocks influenced by major news or earnings reports often experience increased price activity. Following breaking news and economic announcements can help traders take advantage of sharp market movements during intraday sessions.
4. Technical Indicators: Rely on technical analysis tools like moving averages, support and resistance levels and RSI. These indicators provide signals on potential entry and exit points, improving the accuracy of trades and timing.
5. Historical Patterns: Study a stock’s historical price patterns and behaviour. Some stocks consistently show predictable movements at certain times or in response to specific events, allowing traders to anticipate short-term fluctuations.

How to Invest in the Best Intraday Stocks?

To invest in the best intraday stocks, begin by researching market trends and analyzing stock performance. Use platforms like Alice Blue to access real-time data and technical analysis tools. Set a clear trading strategy, including entry and exit points and manage your risks with stop-loss orders. Regularly review and adjust your portfolio based on market movements.

Impact of Government Policies on Best Intraday Stocks

Government policies significantly influence intraday stock performance by shaping market conditions. Regulatory changes, such as tax incentives or trade agreements, can drive investor sentiment, creating volatility that intraday traders seek to exploit. 

Moreover, monetary policy adjustments, including interest rate changes, impact liquidity and borrowing costs, affecting stock prices. Traders closely monitor announcements from central banks to anticipate market reactions.

Lastly, fiscal policies, including government spending and infrastructure development, can create opportunities in specific sectors. These factors combined help traders identify which stocks may experience rapid price movements, maximizing potential gains during intraday trading.

How Best Intraday Stocks Perform in Economic Downturns?

Understanding their performance is crucial for investors looking to navigate financial volatility. Typically, strong intraday stocks demonstrate resilience, often continuing to attract trading interest even in challenging economic conditions.   

In a downturn, these stocks may experience fluctuations, but skilled traders can capitalize on price movements and volatility. Factors such as sector performance and the overall market sentiment play significant roles in determining which stocks hold up best. Consequently, monitoring market trends is essential for successful intraday trading in tough economic times.

Advantages Of Investing In Best Intraday Stocks

The primary advantage of investing in the best intraday stocks is high liquidity. Intraday stocks typically exhibit high liquidity, making it easier to enter and exit trades quickly. This liquidity ensures that traders can execute their orders without significant price changes, reducing the risk of slippage during transactions.

1. Flexibility in Trading Strategies: Investing in intraday stocks allows traders to implement various strategies, such as scalping or momentum trading. This flexibility enables investors to adapt their approaches based on market conditions, increasing their chances of maximizing profits throughout the trading day.
2. Reduced Overnight Risk: By closing all positions before the market closes, intraday traders eliminate the overnight risk associated with holding stocks. This strategy minimizes exposure to adverse price movements that can occur due to unexpected news or events after the market closes.
3. Opportunity for Frequent Trades: Intraday trading provides the chance to make multiple trades in a single day, potentially leading to higher overall returns. Investors can leverage small price changes in various stocks, capitalizing on numerous opportunities rather than relying on long-term positions.
4. Access to Real-Time Market Data: Intraday traders benefit from real-time market data, enabling informed decision-making. Access to live charts, news feeds and technical indicators allows investors to quickly react to market movements, enhancing their ability to identify profitable trading opportunities.

Risks of Investing in Best Intraday Stocks

The main risk of investing in the best intraday stocks is Market Fluctuations. Intraday trading is highly sensitive to market fluctuations, which can be influenced by economic reports, corporate news and geopolitical events. These sudden changes can create unpredictable price movements, making it difficult to execute profitable trades consistently.

1. Emotional Trading: The fast-paced nature of intraday trading can trigger emotional responses, leading to impulsive decisions. Traders may deviate from their planned strategies, resulting in losses. Maintaining discipline is crucial for success in this high-stress environment.
2. Limited Time for Analysis: Intraday traders have limited time to analyze market conditions and make decisions. This urgency can result in overlooking critical information, increasing the risk of poor investment choices. Effective research and swift decision-making are essential for profitability.
3. High Transaction Costs: Frequent trading can accumulate significant transaction costs, including commissions and fees. These expenses can erode profits and make it challenging to achieve a net gain. It’s essential to consider these costs when planning an intraday trading strategy.
4. Lack of Diversification: Focusing solely on intraday stocks can lead to a lack of diversification in an investment portfolio. This concentration risk increases vulnerability to specific market events or stock performance, making it essential to balance investments across various asset classes.

Who should invest in Best Intraday Stocks?

Investing in the best intraday stocks can be suitable for individuals with a high-risk tolerance and a keen interest in market trends. Traders who are comfortable making quick decisions and possess a solid understanding of technical analysis will benefit most from this approach. Additionally, those with adequate time to monitor the markets throughout the trading day will find intraday trading rewarding.

Investors looking for short-term gains and the ability to capitalize on daily price movements should consider intraday stocks. However, it’s essential for them to stay informed about market news and economic indicators that can influence stock prices.

Best Stocks To Buy Today For Intraday Trading In India – FAQs

Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:

Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.