High Liquid Stocks in India

6 Nov 2024 , 04:12 PM

High-liquid stocks may be quickly bought and sold on the stock market without substantially changing prices; investors frequently seek liquid equities. By 2024, investors who want to create a diversified and resilient portfolio will find it increasingly necessary to pick the best liquid stocks in India due to shifting market dynamics and economic ups and downs. These equities have solid fundamentals, bright growth potential, and stable price movements in addition to providing liquidity. We’ll look at a few of the most high liquidity stocks for intraday in this blog, which investors can think about including in their portfolio for 2024.

What are Liquid Stocks?

Liquidity in stocks describes how easily a stock may be bought or sold on the market without influencing its price. The firm’s size, the level of investor interest in the stock, and the quantity of outstanding shares are only a few variables affecting a stock’s liquidity.

Many investors engage in active trading of liquid equities. The large trading volume of liquid shares is one of their most notable features. Additionally, because of their high liquidity, you can exchange them anytime to meet your emergency needs.

Best High Liquidity Stocks to Invest in 2024

Here are the list of liquid stocks for intraday trading in India:

• Axis Bank Ltd

Formerly known as UTI Bank, Axis Bank Ltd. is a worldwide banking and financial services system. Established in December 1993, it has a Mumbai corporate office and a Ahmedabad registered office. The bank delivers financial services to large and midsize corporations, retail firms, and SMEs. With offices in Shanghai, Hong Kong, Singapore, Dubai, Colombo, and Hong Kong, it is also globally present.

• Vodafone Idea Ltd

After Idea Cellular and Vodafone India merged in 2018, Vodafone Idea Ltd emerged, combining the best aspects of both businesses to become one of India’s biggest telecom service providers. With broad network coverage, the company serves millions of clients in India and offers a wide range of mobile and data services. With a market valuation of Rs. 1,11,589.41 cr, Vodafone Idea Ltd. has a -3.57 PE ratio.

• IOCL

Indian Oil Corporation (IOCL) operates refineries. It is the premier national oil corporation and petroleum major in the nation. IOCL runs the most extensive and expansive network of gas and fuel stations in India. The Ministry of Petroleum and Natural Gas is the owner of the company. IOCL was founded in 1959 and has its main office in New Delhi.

• Zomato Ltd

One of India’s top online meal delivery services, Zomato Ltd., was founded in 2008 and offers nationwide restaurant recommendations, food delivery, and associated services. With its robust web platform, the company has quickly become global, serving millions of users. With a market valuation of Rs. 2,29,245.98 crore, the company’s PE ratio is 653.12.

• HDFC Bank Ltd

HDFC Bank Limited is a financial services conglomerate that delivers a wide range of services through its subsidiaries, including mutual funds, insurance, and banking. The bank provides various services to meet different needs, including branch and transactional banking, investment and commercial banking, and Treasury, Retail, and Wholesale banking.

• ITC

The Indian holding firm ITC Limited is divided into the following business segments: FMCG, Hotels, Paperboards, Paper & Packaging, and Agri-Business. Cigarettes, personal care products, and packaged foods fall within the FMCG category. The Paperboards, Paper, and Packaging category includes flexible and speciality paper.

The agribusiness category deals with wheat, rice, coffee, and spices. The hotel segment includes a range of brands, including heritage, leisure, and luxury. The return after a year is 27.80%.

• Infosys

The Indian company Infosys Limited provides digital, technology, outsourcing, and consulting services. Financial services, retail, communication, energy, utilities, manufacturing, hi-tech, and life sciences are just a few industries covered by its segments. Application management, development, validation, product engineering, and infrastructure management are all included in core services.

The Bottom Line

For investors looking for easy buying and selling choices, investing in highly liquid stocks in India might be tempting. The high trading volume of these equities is indicative of active investor activity. These equities are available for purchase using an online stock trading app. These applications enable convenient stock market access and speedy trade execution.

Investing in liquid equities has the benefits of easier purchasing and selling and reduced transaction costs. Nonetheless, investors need to be aware of hazards such as sudden price fluctuations, herd mentality, and competitive trading.

FAQs

• How do you find highly liquid stocks?

One method for finding liquid shares is to search for businesses included in significant stock market indices, like the Dow Jones Industrial Average or S&P 500. Conversely, illiquid stocks are more challenging to buy and sell since they typically have low trading volumes and large bid-ask spreads.

• How can I invest in Liquid Stocks?

Every Asset Management Company (AMC) in India provides a platform for investing. With the help of this broker site, you can purchase, sell, switch, and start SIPs and STPs, among other things. It’s simple: create an account on the site, enter your login information, and buy liquid equities or your favourite companies.

• Can Liquid stocks be profitable for investors?

These stocks provide simple purchasing and selling options, little transaction costs, and increased price stability, making them an obvious choice for successful investment strategies. Liquid stocks are an excellent place for investors of all experience levels to start because of their transparency and diversification. However, investors should constantly know their risk tolerance and investing objectives.

• What is high liquidity?

Liquidity measures a company’s capacity to settle debts or present liabilities without borrowing money or obtaining outside funding. A corporation with high liquidity may easily pay off its short-term debts, whereas one with low liquidity may soon have to file for bankruptcy.