Top 10 Stocks To Buy For Today (03-06-24); Tata Motors, Mahindra & Mahindra, Ashok Leyland, ONGC, Reliance Industries, Canara Bank, REC

Stock market is expected to surge after Exit Polls predicted victory of NDA alliance. Let us see which are top 10 stocks in focus today.

Stocks To Buy Today

On 31st May, The 30-share BSE Sensex rose by 75.71 points or 0.10 per cent to settle at 73,961.31. During the session, it hit a high of 74,478.89 points and a low of 73,765.15 points.

Stocks to be in focus today, according to Experts and Zee Business

  1. Auto Stocks: Tata Motors, Mahindra & Mahindra, Ashok Leyland, and other auto stocks will be on investors’ radar today as the companies released their auto sales numbers forthe month of May. 
  2. GMR Airports Infrastructure Stocks: Delhi International Airport Limited (DIAL) led GMR Airport Infrastructure Ltd reduced electricity consumption per passenger by 57 per cent since 2010. 
  3. Ashoka Buildcon Stocks: The company emerged as the lowest bidder for two projects worth Rs 2,152.7 crore of Maharashtra State Road Development Corporation (MSRDC).
  4. NMDC Stocks: The company’s total production in May was at 2.34 mt against 3.71 mt year-on-year (YoY).
  5. MOIL Stocks: The company increased prices of all Ferro grades of manganese ore with Manganese content of Mn-44 per cent and above 35 per cent on the prevailing prices since May 1, 2024, w.e.f. June 1, 2024.
  6. ONGC/Reliance Industries/Oil India/MRPL/Chennai Petroleum Corporation: The government has reduced windfall tax on domestically-produced crude oil to Rs 5,200 per tonne from Rs 5,700 with effect from Saturday. 
  7. REC Stocks: The company will raise up to Rs 1.45 lakh crore via bonds in one or more tranches. 
  8. Canara Bank Stocks: Company approved a proposal to dilute 14.50 percent stake in insurance arm Canara HSBC Life Insurance Company via initial public offering (IPO), the lender informed on the exchanges on May 31.
  9. Ahluwalia Contracts Stocks: Company won An order of Rs 2,157 crore from India Jewellery Park, Mumbai for Design, Engineering, Procurement and Construction (EPC) for Construction & Development of Gems & Jewellery Park in Mahape, Navi Mumbai.
  10. Welspun Corp Stock: The company’s associate entity EPIC has bagged multiple contracts worth Rs 3,670 crore from Aramco. Further, this contract has to be completed within a timeline of 19 months.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.)



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