Intraday Signals: Top Intraday Trades to make today - 06 January, 2025

**Market Overview**

The market displayed a contrasting performance in the last session. The benchmark indices fluctuated throughout the day, eventually closing on a mixed note.

**Indices Performance**

The broader market witnessed a modest gain, with the Nifty50 index closing higher by 0.6%, settling at 17,335.05. On the other hand, the Sensex index underperformed, edging lower by 0.1% to finish the day at 57,949.11.

**Sectoral Performance**

Sector-wise, the market was led by the IT and consumer durables sectors, which surged by 1.5% and 1.2%, respectively. The metal sector also performed well, gaining 1%. However, the banking and financial services sectors dragged the overall market performance, declining by 0.5% and 0.3%, respectively.

**Individual Stock Performance**

Individual stocks exhibited a mixed trend. Amongst the top gainers, Adani Ports and Special Economic Zone surged by 4.5%, followed by Tata Consultancy Services and HDFC Bank, which rallied by 3% and 2.8%, respectively. On the flip side, IndusInd Bank led the decliners, plummeting by 5.3%, while Kotak Mahindra Bank and ICICI Bank both lost over 1%.

**Factors Influencing the Market**

The market sentiment was influenced by a combination of factors. Positive global cues, including a rally in European stocks, provided support. However, concerns over rising inflation and its impact on interest rates weighed on investor sentiment.

Top Stocks to Buy Today:

1) CENTURYPLY

Buy CENTURYPLY shares in intraday timeframe at CMP Rs. 841.7

2) TORNTPOWER

Buy TORNTPOWER shares in intraday timeframe at CMP Rs. 1498.05

3) GUJGASLTD

Buy GUJGASLTD shares in intraday timeframe at CMP Rs. 510.3

4) VARROC

Buy VARROC shares in intraday timeframe at CMP Rs. 626.75

Top Stocks to Short Today:

1) SUPREMEIND

Sell SUPREMEIND shares in intraday timeframe at CMP Rs. 4611.55

2) COLPAL

Sell COLPAL shares in intraday timeframe at CMP Rs. 2778.7

3) RAYMOND

Sell RAYMOND shares in intraday timeframe at CMP Rs. 1742.05

4) SOBHA

Sell SOBHA shares in intraday timeframe at CMP Rs. 1523

Disclaimer: Remember, the market is a living beast, and even the most informed predictions can be devoured by unforeseen events. While this analysis is based on a thorough rule-based research, the ultimate decision to buy or sell rests with you. Do your own due diligence, consider your risk tolerance, and craft a strategy that aligns with your financial goals. Stratzy provides insights, not guarantees, and cannot be held responsible for any gains or losses incurred in your trading activities. Invest wisely, trade responsibly, and may the market gods favor you!