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 ₹16,46,280.82 crores. The stock’s one-year return is -5.6%, and its monthly return is -5.84%. The stock is 31.76% away from its 52-week high.

Reliance Industries Ltd is a leading conglomerate with a strong presence in oil refining, petrochemicals, telecommunications, and retail. Its diversified business model has positioned it as a cornerstone of India’s economy.

The company’s innovative ventures and global collaborations have set benchmarks in multiple industries. Reliance remains committed to sustainable growth and continues to transform sectors with its visionary leadership and advanced technologies.

State Bank of India

The Market Cap of State Bank of India is ₹7,25,080.75 crores. The stock’s one-year return is 23.3%, and its monthly return is -2.7%. The stock is 14.05% away from its 52-week high.

State Bank of India is India’s largest public sector bank, offering a comprehensive range of financial services. It plays a pivotal role in driving the country’s economic development by serving individuals, businesses, and government entities.

With its extensive branch network and focus on digital transformation, SBI is a trusted partner for millions of customers. The bank’s commitment to financial inclusion and innovation strengthens its leadership in the banking sector.

ITC Ltd

The Market Cap of ITC Ltd is ₹5,96,746.03 crores. The stock’s one-year return is 4.7%, and its monthly return is -0.36%. The stock is 10.43% away from its 52-week high.

ITC Ltd is a diversified conglomerate with interests spanning tobacco, FMCG, hotels, paperboards, and agribusiness. Its sustainability-focused approach ensures responsible growth across all its business verticals.

The company’s strong brand portfolio and innovation-driven strategies enhance customer satisfaction. ITC continues to deliver exceptional value to stakeholders while contributing to social and environmental well-being.

NTPC Ltd

The Market Cap of NTPC Ltd is ₹3,24,498.93 crores. The stock’s one-year return is 9.46%, and its monthly return is -8.06%. The stock is 33.87% away from its 52-week high.

NTPC Ltd is India’s largest power generation company, ensuring reliable and affordable electricity for the nation. Its commitment to clean and renewable energy underscores its vision for sustainable growth.

Through innovation and operational excellence, NTPC contributes significantly to India’s energy security. Its strategic focus on green energy projects aligns with global efforts to combat climate change.

Wipro Ltd

The Market Cap of Wipro Ltd is ₹3,18,741.81 crores. The stock’s one-year return is 31.27%, and its monthly return is 3.07%. The stock is 3.53% away from its 52-week high.

Wipro Ltd is a global leader in IT services and consulting, enabling businesses to navigate their digital transformation journeys. Its expertise in cutting-edge technologies drives innovation and operational efficiency.

With a customer-centric approach, Wipro delivers tailored solutions across industries. The company’s focus on sustainability and technological excellence reinforces its position as a trusted partner for enterprises worldwide.

Oil and Natural Gas Corporation Ltd

The Market Cap of Oil and Natural Gas Corporation Ltd is ₹3,02,241.21 crores. The stock’s one-year return is 15.25%, and its monthly return is -5.47%. The stock is 45.63% away from its 52-week high.

Oil and Natural Gas Corporation Ltd is India’s leading exploration and production company. It plays a vital role in meeting the nation’s energy needs while adopting sustainable practices.

With cutting-edge technology and efficient operations, ONGC ensures optimal resource utilization. Its commitment to innovation and environmental stewardship solidifies its leadership in the energy sector.

Tata Motors Ltd

The Market Cap of Tata Motors Ltd is ₹2,72,697.73 crores. The stock’s one-year return is 1.3%, and its monthly return is -5.76%. The stock is 57.1% away from its 52-week high.

Tata Motors Ltd is a prominent player in the automotive sector, offering innovative and reliable vehicles. Its focus on sustainability and electric mobility reflects its forward-thinking approach.

The company’s diverse portfolio includes passenger, commercial, and electric vehicles. Tata Motors’ emphasis on quality and innovation ensures its continued relevance in the competitive automotive industry.

Coal India Ltd

The Market Cap of Coal India Ltd is ₹2,38,251.08 crores. The stock’s one-year return is 4.08%, and its monthly return is -7.45%. The stock is 42.85% away from its 52-week high.

Coal India Ltd is the world’s largest coal-producing company, ensuring energy security for India. It supports various industries by providing reliable and cost-effective coal supplies.

With a focus on safety and environmental sustainability, Coal India leads in the adoption of cleaner mining technologies. Its strategic initiatives enhance efficiency and drive national energy growth.

Bharat Electronics Ltd

The Market Cap of Bharat Electronics Ltd is ₹2,15,784.67 crores. The stock’s one-year return is 62.07%, and its monthly return is -1.04%. The stock is 16.59% away from its 52-week high.

Bharat Electronics Ltd is a leader in electronic equipment, specializing in defense and aerospace technologies. Its cutting-edge solutions ensure national security and technological advancement.

The company’s focus on innovation and collaboration supports India’s self-reliance in defense manufacturing. BEL continues to contribute significantly to the nation’s technological capabilities.

Jio Financial Services Ltd

The Market Cap of Jio Financial Services Ltd is ₹1,94,124.6 crores. The stock’s one-year return is 30.32%, and its monthly return is -6.1%. The stock is 29.43% away from its 52-week high.

Jio Financial Services Ltd offers innovative financial solutions tailored to the evolving needs of consumers. Its digital-first approach simplifies access to financial services and drives financial inclusion.

By leveraging technology and analytics, Jio Financial Services delivers personalized experiences. Its strategic vision and focus on innovation ensure its leadership in the consumer finance sector.

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.