Top 10 Stocks To Buy For Today (10-05-24); Tata Motors, Godrej Agrovet, Bharti Airtel, Gold Stocks, Air India, Insurance Stocks, Mahanagar Gas

Insurance Stocks: LIC, ICICI Pru, HDFC Life, Max Life, other life insurance stocks in focus as monthly data of a bunch of insurance companies has been released. 

Stocks To Buy Today

Sensex slipped 1,062 points to close at 72,404 points, and Nifty slipped 345 points to close at 21,957 points. Among sectors, almost all the major sectoral indices witnessed profit booking at higher levels but energy and metal indices lost the most, shedding nearly 3 per cent.

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

  1. Q4 Results: Tata Motors, Eicher Motors, Cipla, Bank of Baroda, Dr Lal Pathlabs among 90-odd companies to report March-quarter results on May 10
  2. BPCL Stock: Company reported Q4 results PAT rises 24% but misses analysts’ estimates. It reported net profit of Rs 4,224.2 for the quarter ended March 31, up 24.3 per cent sequentially. 
  3. Godrej Agrovet Stock: Company reported Q4 results, wherein PAT grew by 3x & consolidated net profit increased to Rs 65.5 crore for the March quarter on the back of higher sales and a reduction in expenses.
  4. Bharti Airtel Stock: Company board to consider dividend on May 14.
  5. Airline Stocks: A section of Air India Express cabin crew has decided to withdraw strike and join back for duty after the airline assured to look into all the issues raised by the cabin crew, according to a PTI.
  6. Gold Jewellery Stock: Over Akshaya Tritiya 2024, Jewellery stocks are likely to be in the spotlight. The future of gold remains dynamic, shaped by various global factors such as central bank policies, the geopolitical scenario, and economic indicators, according to Religare Broking. 
  7. Abbott India Stock: Company has reported a quarterly net profit of Rs 287 crore over revenue of Rs 1,439 crore. Its EBITDA for the January-March period stands at Rs 330 crore
  8. Mahanagar Gas Stock: Company reported Q4 results fall short of estimates MGL registers a sequential fall of 16.5 per cent in standalone net profit to Rs 265 crore and its margin slides to 25.1 per cent from 28.6 per cent three months ago. 
  9. Insurance Stocks: LIC, ICICI Pru, HDFC Life, Max Life, other life insurance stocks in focus as monthly data of a bunch of insurance companies has been released. 
  10. Brigade Enterprises Stock: Company will develop a residential project located at Old Madras Road in Bengaluru at a gross development value of Rs 600 crore.
  11. Suryoday Small Finance Bank Stock: Lender reported Q4 results with a 56 per cent jump in standalone net profit to Rs 61 crore with 29 per cent growth in NII to Rs 271 crore for the January-March period.

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

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