Key takeaways
Intraday stocks are ideal for short-term traders looking to capitalise on daily price movements.
Companies like Swiggy, Paytm, and FirstCry attract attention due to high volatility and trading volume.
Market cap, liquidity, and sector trends are important factors when choosing intraday stocks.
Intraday trading demands real-time analysis, discipline, and risk management.
Beginners should study price patterns and start with low-risk strategies in intraday trading.
Intraday trading involves buying and selling stocks within the same trading day to capitalise on short-term price movements. This strategy requires selecting stocks with high liquidity and volatility to ensure quick entry and exit. In India, several stocks are popular among intraday traders due to their market performance and sector influence. This article provides an overview of notable intraday stocks, their characteristics, and insights into intraday trading.
List of intraday stocks in India
Intraday traders in India often look for stocks that show high liquidity, strong price movements, and consistent trading volumes. These features help in making quick buy and sell decisions within the same trading day. Stocks with such traits are ideal for short-term strategies. The following list includes popular intraday stocks across various sectors that are actively tracked and traded on Indian stock exchanges by experienced and active traders. Here are some stocks commonly favoured by intraday traders in India:
Note: Market capitalisations are subject to change and may vary based on the source and date of the information. For the most accurate and up-to-date figures, please refer to official financial statements or trusted financial news sources.
Overview of intraday stocks
Understanding the market behaviour and sectoral impact of these stocks is crucial for intraday trading. Each of these companies operates in different industries, contributing to their unique price movements and trading volumes. Traders analyse factors such as market news, financial performance, and sector trends to make informed decisions. High liquidity and volatility are key attributes that make these stocks suitable for intraday trading.
Swiggy Ltd
Swiggy Ltd is a prominent food delivery platform in India. Its stock is known for significant intraday price movements, attracting traders interested in the tech-driven service sector. Market developments, partnerships, and consumer demand heavily influence its stock performance.
Solara Active Pharma Sciences Ltd
Solara Active Pharma Sciences Ltd operates in the pharmaceutical sector, focusing on active pharmaceutical ingredients (APIs). The stock has shown notable intraday fluctuations, making it appealing to traders following healthcare industry trends. Factors such as regulatory approvals and product launches impact its price movements.
One 97 Communications Ltd (Paytm)
One 97 Communications Ltd, known for its digital payment platform Paytm, is a significant player in India's fintech space. The stock's volatility is influenced by developments in the digital economy, user growth, and regulatory changes. Traders monitor this stock for opportunities arising from shifts in the financial technology landscape.
Zota Health Care Ltd
Zota Health Care Ltd specialises in pharmaceutical products and has exhibited dynamic intraday price movements. Traders focus on this stock to capitalise on fluctuations driven by healthcare sector news, product innovations, and market demand.
Brainbees Solutions Ltd (FirstCry)
Brainbees Solutions Ltd, operating under the brand FirstCry, is a major player in the baby and kids' products market. The stock's performance is closely watched by traders interested in the retail and e-commerce sectors, with price movements influenced by consumer trends and online shopping growth.
Borosil Renewables Ltd
Borosil Renewables Ltd is engaged in the production of solar glass. The stock's intraday movements are often affected by developments in the renewable energy sector, government policies promoting sustainable energy, and global demand for solar products.
Gujarat Alkalies and Chemicals Ltd
Gujarat Alkalies and Chemicals Ltd manufactures a range of chemical products. Its stock experiences intraday volatility driven by changes in commodity prices, industrial demand, and environmental regulations impacting the chemical industry.
Unichem Laboratories Ltd
Unichem Laboratories Ltd is a pharmaceutical company focusing on formulations and APIs. The stock's intraday performance is influenced by factors such as product launches, regulatory approvals, and overall sector dynamics, making it a point of interest for healthcare-focused traders.
Max Estates Ltd
Max Estates Ltd operates in the real estate sector, developing commercial and residential properties. The stock's intraday movements can be affected by real estate market trends, economic indicators, and changes in property demand and supply.
Dolphin Offshore Enterprises (India) Ltd
Dolphin Offshore Enterprises (India) Ltd provides services to the offshore oil and gas industry. Its stock is subject to intraday fluctuations based on global oil prices, sector-specific news, and contracts awarded in the energy sector.
Graphite India Ltd
Graphite India Ltd is a manufacturer of graphite electrodes used in steel production. The stock's intraday volatility is linked to the steel industry's performance, raw material price changes, and international trade policies affecting steel exports and imports.
Akums Drugs & Pharmaceuticals Ltd
Akums Drugs & Pharmaceuticals Ltd is involved in contract manufacturing of pharmaceutical formulations. The stock's intraday movements are influenced by contract wins, regulatory developments, and trends in the pharmaceutical manufacturing sector.
Hinduja Global Solutions Ltd
Hinduja Global Solutions Ltd offers business process management services. Its stock experiences intraday fluctuations driven by client acquisitions, earnings reports, and overall performance in the outsourcing industry.
Agro Tech Foods Ltd
Agro Tech Foods Ltd operates in the food processing industry, offering a range of edible products. The stock's intraday performance can be affected by commodity price changes, consumer demand patterns, and seasonal variations in food consumption.
Jindal Poly Films Ltd
Jindal Poly Films Ltd manufactures polyester and polypropylene films used in packaging. The stock's intraday movements are influenced by raw material costs, demand in the packaging industry, and export trends, making it relevant for traders focusing on the manufacturing sector.
What are intraday stocks?
Intraday stocks are those that exhibit sufficient liquidity and volatility, allowing traders to buy and sell them within the same trading day. These stocks enable traders to capitalise on short-term price movements, aiming for quick profits. High trading volumes and price fluctuations are essential characteristics of intraday stocks, as they facilitate timely entry and exit from positions.
Who should invest in intraday stocks?
Intraday trading is best suited for experienced investors who can dedicate time to monitor markets closely. It requires a good understanding of technical charts, price patterns, and quick decision-making abilities. People with a high-risk tolerance and a disciplined trading strategy may benefit. Beginners or those with long-term investment goals should avoid intraday trades due to the high volatility and risk of quick losses.
How to invest in intraday stocks?
To invest in intraday stocks, open a trading and demat account with a SEBI-registered broker. Choose liquid stocks with high trading volumes. Use a reliable trading platform with real-time charts and indicators. Place buy and sell orders on the same day, as positions must be squared off before market closing. Monitor the stock’s price movements, set stop-loss limits, and manage risks actively while trading intraday.
Performance metrics of intraday stocks
The performance of intraday stocks is measured using metrics like volatility, trading volume, price movement, and beta. Intraday traders also rely on moving averages, RSI, Bollinger Bands, and candlestick patterns. High beta and volume stocks usually offer better trading opportunities. Price trends throughout the day, opening gaps, and intraday highs and lows are crucial in identifying potential gains or losses in intraday trading.
Benefits of investing in intraday stocks
Intraday trading offers the opportunity for quick profits, especially in volatile markets. It allows traders to capitalise on small price fluctuations without holding stocks overnight. There are no delivery charges or overnight risks. Proper strategies and tools can help traders make frequent trades and potentially build consistent income. Intraday trading also sharpens technical analysis skills and helps understand real-time market behaviour effectively.
Challenges of investing in intraday stocks
Intraday trading involves significant risks due to unpredictable price movements. It demands constant attention, quick decisions, and a thorough understanding of the market. High brokerage charges on multiple trades can eat into profits. Emotional decision-making, such as panic selling or overtrading, often leads to losses. Without a sound strategy and risk management, intraday trading can result in substantial financial setbacks for investors.
Conclusion
Intraday stocks in India offer lucrative opportunities for active traders who understand the market’s pulse. Stocks like Swiggy, Paytm, Borosil Renewables, and others are frequently traded due to their high liquidity and price action. However, intraday trading isn’t for everyone—it requires discipline, knowledge, and real-time decision-making. Investors must weigh both the benefits and risks before engaging in this high-speed investment strategy.
