10 Stocks to Buy Today: Fundamentally Strong Picks for 4 August 2026

Stocks to buy today span power, metals, banking, energy, FMCG and pharma as the Nifty 50 trades near Rs 24,600 on 4 August 2026, easing slightly after Monday's sharp 1.60 percent surge to Rs 24,774.30. With the index still holding well above its 20-day moving average, attention turns to fundamentally strong stocks with reasonable valuations and steady return ratios for today's session.

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This list of 10 stocks to buy today has been built around companies with healthy return on equity, sensible debt levels and, in several cases, a valuation below their sector average, rather than a single day's price move. Each entry below includes the current market price, 52-week range, market capitalisation and key valuation ratios to help you evaluate the stock before adding it to your portfolio.

Today's Market Overview

Before the list of stocks to buy today, here is a quick snapshot of where the benchmark indices stand this morning.

• The Nifty 50 trades near Rs 24,598 in early trade on 4 August 2026, easing from Monday's close of Rs 24,774.30, a 1.60 percent single-day surge, with RSI at 62.8 and the index still comfortably above its 20-day SMA of Rs 24,158.26.
• The Sensex holds near Rs 78,700, broadly steady after Monday's close of Rs 78,639.03, with RSI at 63.2.
• Bank Nifty has slipped to around Rs 57,815 from Monday's close of Rs 58,247.95, with RSI cooling to 50.5 after banking stocks led Monday's rally.

10 Stocks to Buy Today

The table below summarises the CMP, market capitalisation and 52-week range for each of today's stocks to buy, based on live Groww market data as of 4 August 2026.

Company	CMP (Rs)	Market Cap (Rs Cr)	52W High	52W Low	PE	Sector
NHPC	81.15	80,169	87.17	71.33	19.00	Power
Karur Vysya Bank	348.75	33,675	417.70	278.50	12.27	Banking
Angel One	304.50	27,525	332.20	271.80	26.66	Broking
Hindustan Zinc	556.35	2,30,787	601.70	492.30	13.52	Metals
ICICI Bank	1,448.40	10,36,300	1,565.70	1,281.10	17.34	Banking
Reliance Industries	1,301.80	17,71,409	1,438.50	1,177.10	20.09	Energy
ITC	285.80	3,58,719	309.10	252.90	17.77	FMCG
Sun Pharma	1,953.10	4,67,870	2,189.50	1,791.50	38.61	Pharma
Canara Bank	128.70	1,15,197	139.81	114.39	5.81	Banking
Tata Steel	191.72	2,36,064	208.65	170.73	20.96	Metals

NHPC

NHPC leads today's power sector stocks to buy today after climbing 2.40 percent to Rs 81.15, its best single-day move among today's picks. The stock trades at a PE of 19.00 against an industry average of 24.22, and offers a dividend yield of 2.02 percent. With an ROE of 9.09 percent and a 52-week range of Rs 71.33 to Rs 87.17, the hydropower major still has room before testing its yearly high.

Karur Vysya Bank

Karur Vysya Bank stays on the stocks to buy today list for its strong return ratios, with ROE at 19.45 percent, among the healthiest in the mid-size private banking space. The stock trades at a PE of 12.27, below the sector average of 13.34, at a CMP of Rs 348.75, roughly 16 percent off its 52-week high of Rs 417.70.

Angel One

Angel One continues to feature among stocks to buy today on the back of an 8.19 percent dividend yield, among the highest in the broking space. The stock gained 0.83 percent to Rs 304.50, with an ROE of 14.96 percent and a PE of 26.66, still below the sector average of 33.77.

Hindustan Zinc

Hindustan Zinc joins today's stocks to buy today list after rising 1.71 percent to Rs 556.35, helped by strength across metal counters. The stock's ROE of 61.13 percent is the highest on this list by a wide margin, and its PE of 13.52 sits below the industry average of 14.34, with a dividend yield of 1.83 percent.

ICICI Bank

ICICI Bank features among today's stocks to buy today for its consistent 15 percent ROE, even as the stock eased 0.79 percent to Rs 1,448.40 in early trade. Its PE of 17.34 runs slightly ahead of the sector average of 12.49, reflecting the premium the market assigns to its asset quality, with the stock trading well within its 52-week range of Rs 1,281.10 to Rs 1,565.70.

Reliance Industries

Reliance Industries remains a core holding among stocks to buy today, given its scale across energy, retail and digital services and a market capitalisation of over Rs 17.71 lakh crore. The stock slipped 1.30 percent to Rs 1,301.80, at a PE of 20.09 against an industry average of 16.86, and an ROE of 8.94 percent, keeping it well below its 52-week high of Rs 1,438.50.

ITC

ITC combines a 28.53 percent ROE, one of the highest on this stocks to buy today list, with a 5.06 percent dividend yield and a PE of 17.77, close to the sector average of 18.09. The FMCG major eased 0.42 percent to Rs 285.80, still comfortably within its 52-week range of Rs 252.90 to Rs 309.10.

Sun Pharma

Sun Pharmaceutical Industries is the pharma representative among today's stocks to buy today, with an ROE of 13.74 percent and a market capitalisation of nearly Rs 4.68 lakh crore. The stock eased 0.53 percent to Rs 1,953.10, with its PE of 38.61 roughly in line with the sector average of 37.31.

Canara Bank

Canara Bank adds PSU banking exposure to today's stocks to buy today list, gaining 1.26 percent to Rs 128.70. Its PE of 5.81 is a steep discount to the sector average of 12.49, while ROE of 16.94 percent and a dividend yield of 3.31 percent make it one of the more attractively priced names on this list.

Tata Steel

Tata Steel rounds off today's stocks to buy today list, offering a 2.12 percent dividend yield and an ROE of 10.56 percent. The stock rose 0.38 percent to Rs 191.72, at a PE of 20.96, marginally below the sector average of 23.75, and roughly 8 percent off its 52-week high of Rs 208.65.

Why These Stocks to Buy Today Made the List

• Healthy return ratios: every name on this stocks to buy today list carries a double-digit or near-double-digit ROE, led by Hindustan Zinc at 61.13 percent.
• Reasonable valuations: several of today's stocks to buy today, including NHPC, Karur Vysya Bank, Angel One, Hindustan Zinc and Canara Bank, all trade at a PE below their sector average.
• Sector diversification: today's stocks to buy today span power, banking, broking, metals, energy, FMCG and pharma, reducing concentration in any single theme.

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How to Evaluate Stocks to Buy Today Before Investing

Before acting on any stocks to buy today list, it helps to look beyond the day's price move. Check whether the return on equity has been consistent over several years rather than a single strong quarter, and compare the current PE with both the stock's own historical average and its sector peers. Debt-to-equity, dividend history and promoter shareholding matter just as much, particularly for PSU banks and metals names where cycles can turn quickly. None of this replaces your own risk assessment, and allocation should always match your investment horizon and risk appetite.

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Conclusion

Today's stocks to buy list brings together NHPC, Karur Vysya Bank, Angel One, Hindustan Zinc, ICICI Bank, Reliance Industries, ITC, Sun Pharma, Canara Bank and Tata Steel, chosen for healthy return ratios, sensible valuations and sector diversification rather than a single day's price action. Canara Bank and NHPC stand out as the most attractively priced on a PE basis, while Hindustan Zinc's return on equity is the strongest on the list. Whichever names you shortlist from today's stocks to buy today, as always, position sizing and your own research should guide the final call.

FAQs

What are the best stocks to buy today, 4 August 2026?

Ans. The stocks to buy today are NHPC, Karur Vysya Bank, Angel One, Hindustan Zinc, ICICI Bank, Reliance Industries, ITC, Sun Pharma, Canara Bank and Tata Steel, selected for healthy return ratios and reasonable valuations across power, banking, broking, metals, energy, FMCG and pharma.

Which stock on this list has the highest ROE?

Ans. Hindustan Zinc has the highest return on equity on this stocks to buy today list at 61.13 percent, followed by ITC at 28.53 percent and Karur Vysya Bank at 19.45 percent.

Which stocks to buy today trade below their sector PE?

Ans. NHPC, Karur Vysya Bank, Angel One, Hindustan Zinc and Canara Bank currently trade at a PE below their respective sector averages, based on Groww's fundamental data.

Is this stocks to buy today list investment advice?

Ans. No. This article does not constitute investment advice and is for educational purposes only. Please consult a SEBI-registered financial advisor before making any investment decision.

What should I check before buying stocks from this list?

Ans. Check the return on equity trend over several years, compare the current PE with the stock's historical average and sector peers, and review debt-to-equity and promoter shareholding before investing in any stocks to buy today.

Why did the Nifty 50 ease on 4 August 2026?

Ans. The Nifty 50 eased slightly after a sharp 1.60 percent surge in the previous session, a normal pause after a five-day rally, with the index still trading well above its 20-day moving average.