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Best Intraday Stocks in India (2023)

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intraday stocks

Last Updated on Nov 28, 2023 by Harshit Singh

Intraday trading is a popular trading strategy that many seasoned investors adopt as it does not have any form of overnight risk. It involves analytical thinking to predict the buying and selling time of the security within a single trading session. But which stocks are suitable for intraday trading? In this article, we will identify intraday stocks using the Tickertape Stock Screener.

Best stocks for intraday trading (NSE)

Stock NameSub-SectorMarket Cap (Rs. in cr.)Close Price (Rs.)% Price above 1M SMARSI Exponential – 14DMACD Line 1 – Trend IndicatorADX Rating – Trend StrengthPE Ratio
Yes Bank LtdPrivate Banks56,942.0019.808.0259.230.8240.1577.39
KPIT Technologies LtdIT Services & Consulting39,805.031,468.757.5258.0279.6646.83104.48
Prism Johnson LtdCement8,242.46163.755.9059.598.3846.29-79.85
Welspun Corp LtdIron & Steel13,528.93517.205.3053.2231.2041.6065.46
Motilal Oswal Financial Services LtdDiversified Financials16,743.421,129.503.6751.9652.9641.3217.97
Welspun India LtdTextiles15,498.46161.103.5258.667.4143.4777.95
Rainbow Children’s Medicare LtdHospitals & Diagnostic Centres11,130.171,096.553.4956.7312.4746.1952.79
Apollo Hospitals Enterprise LtdHospitals & Diagnostic Centres77,662.415,401.303.4858.24126.4646.8294.81
JBM Auto LtdAuto Parts14,974.821,266.403.4458.701.8940.09120.40
Tech Mahindra LtdIT Services & Consulting1,16,911.891,197.853.1658.418.3743.0924.20
JK Lakshmi Cement LtdCement9,291.82789.652.9556.2329.4053.4125.91
Swan Energy LtdTextiles11,124.10421.502.0954.8424.6351.02-182.21
Wipro LtdIT Services & Consulting2,06,516.05396.001.9354.860.5640.5118.20
CreditAccess Grameen LtdConsumer Finance26,775.411,682.400.9754.6250.7655.8532.41
Sonata Software LtdIT Services & Consulting17,948.771,293.600.9246.9051.9742.1439.72
Procter & Gamble Hygiene and Health Care LtdFMCG – Personal Products58,119.3217,904.500.7751.25168.7940.7685.70
Aster DM Healthcare LtdHospitals & Diagnostic Centres16,796.33337.650.3249.491.6555.0539.53

Note: The information is dated 28th November 2023. We have listed the best stocks for intraday trading from Tickertape’s Stock Screener based on the following parameters:

  • Stock Universe – Nifty 500
  • Pro screen – Momentum Monsters

Intraday stocks with good fundamentals

Stock NameSub-SectorMarket Cap (Rs. in cr.)Close Price (Rs.)BetaFundamental Score
Borosil Renewables LtdHousewares5,432.12416.152.2410.00
Container Corporation of India LtdLogistics45,611.77748.601.3110.00
Linde India LtdCommodity Chemicals50,589.755,931.901.1310.00
Oil and Natural Gas Corporation LtdOil & Gas – Exploration & Production2,37,578.57188.851.0910.00
Bajaj Holdings and Investment LtdAsset Management82,789.577,438.851.378.65
Saregama India LtdMovies & TV Serials7,199.03374.352.008.18
Dixon Technologies (India) LtdHome Electronics & Appliances31,560.775,277.851.058.00
Aditya Birla Capital LtdDiversified Financials43,854.25168.701.737.93
Suven Pharmaceuticals LtdPharmaceuticals15,665.93615.401.677.86
Bajaj Auto LtdTwo Wheelers1,67,802.205,930.301.027.85

Note: The information is dated 28th November 2023. We have listed the best stocks for intraday trading from Tickertape’s Stock Screener based on the following parameters:


  • Stock Universe – Nifty 500
  • Beta – Set to High – Sorted from Highest to Lowest
  • Fundamental Score – Set to High

Beta stocks carry the high risk but also offer higher return potential. Higher the beta, higher are the chances of the price of stocks to fluctuate in a single trading session.

Whereas, fundamental score ranks the stock vs all others in the sector, based on different fundamental criteria.

Conclusion

Positioning your trade at the right time and price is the key to success in intraday trading. Before you start investing, you should decide how much risk you are ready to face and how much time you can devote to intraday trading. Using Tickertape Stock Screener, you can evaluate the volatility and liquidity of the stock along with other technical indicators to stay ahead.

Harshit Singh
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