Top 10 Stocks To Buy For Today (09-05-24); Tata Power, L&T, Wipro, Zomato, AstraZeneca, TVS Motor, Citigroup

AstraZeneca Stock: Company has started a global withdrawal of its COVID-19 vaccine, citing a surplus of available updated vaccines since the pandemic.

Top 10 Stocks To Buy For Today (09-05-24); Tata Power, L&T, Wipro, Zomato, AstraZeneca, TVS Motor, Citigroup
Stocks To Buy Today

On 8th May, At the closing, Nifty remained unchanged and closed at 22,302.50, while the Sensex marginally declined by 45 points to close at 73,466.39.

The Nifty Bank declined by 264.25 points to close at 48,021, and Nifty Financial Services also plummeted by 115.15 points to 21,428.35. Meanwhile, the Nifty Next 50 index gained more than 1.3 percent and closed at 64,784.25 points, and Nifty Midcap also experienced a marginal gain of 82.60 points, closing at 10,925.80 points.

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

  1. Q4 Results: State Bank of India (SBI), Asian Paints and Punjab National Bank (PNB) are among 70-odd companies slated to report their financial results for the quarter as well as the year ended March 31, 2024, on May 9. 
  2. Bank of Baroda Stock: The RBI has allowed state-run lender Bank of Baroda to onboard new customers through its mobile app Bob World, more than six months after imposing restrictions citing material supervisory concerns.
  3. Wipro Stock: Kognitos Inc, a portfolio company of Wipro Ventures, has announced a collaboration to deploy enterprise-ready GenAI-based business automation solutions.
  4. L&T Stock: Larsen & Toubro has reported a 10.2 per cent year-on-year increase in consolidated net profit to Rs 4,396.1 crore for the March quarter driven by higher income.
  5. NBCC Stock: State-owned NBCC has bagged contracts worth Rs 450 crore in Chhattisgarh and Kerala.
  6. Citigroup Stock: Through its affiliate Citigroup Global Markets Mauritius, US-based Citigroup has sold Vodafone Idea shares worth more than Rs 233 crore through an open market transaction, according to block deal data. 
  7. Tata Power Stock: Company registered an 11 per cent year-on-year increase in consolidated net profit to Rs 1,046 crore for the January-March period driven by higher revenue.
  8. BSE Stock: Stock exchange BSE has clocked 21 per cent year-on-year growth in net profit to Rs 107 crore for the March quarter. Its quarterly total income has doubled to Rs 548.4 crore, according to a regulatory filing.
  9. AstraZeneca Stock: Company has started a global withdrawal of its COVID-19 vaccine, citing a surplus of available updated vaccines since the pandemic.
  10. Zomato Stock: Company launched a crowd-supported weather infrastructure network comprising 650 on-ground stations to provide real-time information on key parameters such as temperature and rainfall, according to its co-founder and CEO Deepinder Goyal.
  11. TVS Motor Stock:  Company has reported a 15 per cent year-on-year increase in consolidated net profit to Rs 387 crore for the quarter ended March 31, 2024, driven by robust sales volumes.

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

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  • Share Price Target Today (08-05-2024) Top Stocks To Invest In: L&T, Voltas, ICICI Lombard, Bharti Airtel, JSW Infra, GAIL, Metropolis, Dr Reddy



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