Stocks to Buy Today, 4 December 2025: Wipro, JK Tyre, Asian Paints, Indus Towers, Infosys, Hindustan Copper and More

Indian equities ended slightly lower on Thursday, 4 December 2025, but under the surface there’s a busy list of fresh trading and investment ideas for short‑term traders and long‑term investors alike.

The Sensex slipped about 0.2% to close near 85,265, while the Nifty 50 settled at 26,033, down 47 points (‑0.18%) after swinging sharply intraday and briefly slipping below 26,050. ^[1] Profit‑booking near record highs, a rupee slide to a new low around 90.43 against the dollar and continued FII outflows kept headline indices under pressure ahead of the RBI policy outcome. ^[2]

At the same time, Nifty IT outperformed, rising about 1.5% for the second straight session as all 10 constituents traded in the green, helped by the weaker rupee, hopes of a US rate cut and upbeat brokerage commentary on the sector. ^[3]

Against this backdrop, analysts on Moneycontrol, Economic Times (ETMarkets) and Zee Business have put out a cluster of fresh ideas in names like Wipro, JK Tyre, Asian Paints, Indus Towers, Infosys, National Aluminium Company (NALCO), Devyani International and Hindustan Copper. Here’s a consolidated view of what’s on the radar for 4 December 2025.

Market Snapshot: Volatile Day, IT Shines

Indices: Sensex closed around 85,265; Nifty 50 at 26,033 – both down ~0.2% after giving up intraday gains. ^[4]
Currency & flows: The rupee hit a record low near 90.43 per dollar, while FIIs logged a fifth straight session of equity selling, a combination that weighed on sentiment. ^[5]
Sectoral picture: Nifty IT climbed about 1.5% in afternoon trade, adding to a 1%+ gain on Wednesday; stocks like Coforge, TCS, Infosys, Wipro and HCL Tech were up up to ~3%. ^[6]

This mix of index fatigue plus strong sectoral and stock‑specific moves is exactly the environment where targeted trading ideas and fundamental stock picks tend to matter most.

Intraday Trading Ideas from Moneycontrol’s “Trade Spotlight”

Moneycontrol’s Trade Spotlight for 4 December 2025 flags six short‑term opportunities based purely on charts and momentum. ^[7] These are tactical trades, not long‑term views.

Wipro (NSE: WIPRO): Triangle Breakout in a Strengthening IT Pack

Setup: Around a CMP of ₹254.7, Wipro has broken out of a multi‑week symmetrical triangle pattern near ₹251 and pushed back above its 200‑day moving average (around ₹250), backed by higher‑than‑average volumes – a classic sign of fresh buying interest. ^[8]
Analyst view: Centrum Broking’s Nilesh Jain (via Moneycontrol) sees this as a continuation breakout with potential for further upside, with support near the 50‑day moving average around ₹245. The trading plan outlined in the column is:
- Rating: Buy
- Target: ~₹270
- Stop‑loss: ~₹245 ^[9]

This call also aligns with the broader IT sector tailwind: Nifty IT has gained over 2% in the last two sessions as the weak rupee and expectations of a US rate cut improve earnings visibility for export‑heavy IT services companies. ^[10]

JK Tyre & Industries (NSE: JKTYRE): Riding a Flag‑and‑Pole Breakout

Setup: JK Tyre, trading around ₹464.5 at the time of the call, is in a strong uptrend with a clear pattern of higher highs and higher lows. The stock has broken out of a flag‑and‑pole formation – a bullish continuation pattern – suggesting the prior rally may resume. ^[11]
Momentum: RSI has moved above 50 and has pierced a falling trendline, signalling fresh momentum on the upside. ^[12]
Trade plan (Moneycontrol / SBI Securities):
- Rating: Buy
- Target: ~₹505
- Stop‑loss: ~₹445
- View: Short‑term momentum trade in an already strong auto‑ancillary name. ^[13]

Asian Paints (NSE: ASIANPAINT): Technical Breakout Backed by Fundamental Turnaround

On the technical side, Asian Paints appears in both Moneycontrol’s Trade Spotlight and Zee Business’ fundamental picks, making it one of the most widely discussed names today.

Technical view (Moneycontrol):

Pattern: On Tuesday, the stock broke out of a bullish flag on the daily chart with a large bullish candle and above‑average volume – typically a sign that the prior uptrend has resumed. ^[14]
Position vs averages: The stock trades comfortably above key short‑ and medium‑term moving averages, roughly 5% above its 20‑DEMA and about 10% above its 50‑DEMA, indicating strong undercurrent strength. ^[15]
Trade plan (Moneycontrol / SBI Securities):
- Accumulation zone: ~₹2,940–2,960
- Target: ~₹3,160
- Stop‑loss: ~₹2,860 ^[16]

Fundamental backdrop:

Asian Paints recently posted a 43% jump in quarterly profit to about ₹9.94 billion in the July–September quarter, beating analyst estimates, driven by robust decorative paint volumes and price cuts that boosted demand. ^[17]
Nomura has upgraded Asian Paints (and Berger Paints) to “Buy”, arguing that early fears about aggressive competition from Birla Opus have not meaningfully dented margins or volumes. ^[18]
The stock has also rallied about 8% in two sessions recently, helped by strong Q2 results and the surprise exit of the CEO at rival Birla Opus, which reduced competitive overhang. ^[19]

Put together, Asian Paints is showing both technical strength and improving sentiment, which explains why it appears on multiple recommendation lists this week.

Godrej Properties (NSE: GODREJPROP): The One Not‑to‑Buy Call

Not every idea is a buy. Moneycontrol’s list also carries a short‑side call on Godrej Properties: ^[20]

The stock has been forming lower highs and lower lows since peaking near ₹2,352 in late October, reflecting sustained selling pressure.
The Realty index has been one of the worst performers over the past month (down nearly 9%), reinforcing the sectoral headwind. ^[21]
Price is trading below key moving averages, with RSI slipping under 40 and MACD in negative territory – a cluster of signals associated with a downtrend. ^[22]

Trade plan (LKP Securities via Moneycontrol):

Rating: Sell
Sell zone: ~₹2,060–2,080
Target: ~₹1,950
Stop‑loss: ~₹2,130 ^[23]

For traders, this is a tactical short idea in a sector facing both technical and sentiment pressure.

National Aluminium Company – NALCO (NSE: NATIONALUM): Flag Breakout in Metals

Setup: NALCO, with a CMP near ₹266.5 at the time of the column, has moved higher after a flag pattern breakout on the daily timeframe and is holding above key moving averages. ^[24]
Momentum: RSI is on a bullish crossover and is placed in a “high‑growth” zone, indicating room for further upside. ^[25]

Trade plan (LKP Securities via Moneycontrol):

Rating: Buy
Target: ~₹280
Stop‑loss: ~₹259 ^[26]

The call also sits against a supportive backdrop for metals: Hindustan Copper and other metal PSUs are leading a rally in Nifty Metal, with the group gaining up to 6–7% today on strong volumes and firmer copper prices. ^[27]

Devyani International (NSE: DEVYANI): Trying to Bottom After a 30% Slide

Devyani International – the master franchisee for brands like KFC and Pizza Hut in India – has had a rough three months:

The stock has fallen around 30% over that period, hitting multi‑month lows. ^[28]
On the daily chart, a bullish engulfing pattern has appeared after this extended decline, often read as a potential reversal signal.
RSI is showing positive divergence (price making new lows while RSI does not), another clue that selling pressure could be exhausting. ^[29]

Trade plan (Moneycontrol):

Rating: Buy (counter‑trend)
Target: ~₹150
Stop‑loss: ~₹132 ^[30]

This is a higher‑risk reversal trade: momentum is still fragile, but the risk‑reward looks favourable if the engulfing pattern holds.

Economic Times’ “Two Trades for Today”: Indus Towers and Infosys

The ETMarkets “Two Trades for Today” column, published at 9:10 pm on 3 December for today’s session, spotlights: ^[31]

A large telecom infra company with an expected upside of about 5.15%, and
A large‑cap IT stock with a potential gain of nearly 6% in the short term.

Company‑specific news pages on ET make it clear these two stocks are Indus Towers and Infosys. ^[32] While the full technical details sit behind the ETPrime paywall, what’s public gives a good sense of the thesis.

Indus Towers (NSE: INDUSTOWER): Telecom Infra Benefiting from Sector Tailwinds

Who they are: Indus Towers is India’s leading telecom infrastructure provider, owning and operating mobile towers used by major operators like Bharti Airtel, Reliance Jio and Vodafone Idea.
Why it’s on the list:
- ET’s company page links this “Two Trades for Today” note directly under Indus Towers’ news feed, indicating it is the telecom infra pick in the article. ^[33]
- Recent ET coverage highlights how foreign investors are pouring money into Indian telecom plays, with brokerages noting that steady revenue growth at Vodafone Idea improves visibility for Indus Towers’ receivables and tenancy outlook. ^[34]
- Telecom is also a beneficiary of weaker rupee and India’s accelerating data consumption story.

The ET note suggests a technical setup capable of delivering ~5.15% upside in the near term, likely built around a consolidation breakout and favorable risk‑reward on the daily chart. ^[35]

Infosys (NSE: INFY): Large‑Cap IT with Buyback Support and Sector Momentum

Infosys appears alongside the same ET “Two Trades for Today” headline on its stock page, implying it is the large‑cap IT stock referenced in the column. ^[36] The bullish case today sits on three main pillars:

Capital return via buyback: Infosys is in the midst of an ₹18,000‑crore share buyback, which tends to support sentiment and can improve earnings per share. ^[37]
Sector rerating hopes: Moneycontrol reports that Nifty IT has outperformed for two days straight, helped by the rupee’s slide to record lows, expectations of a US rate cut and brokerage commentary that the worst of the spending slowdown may be behind the sector. ^[38]
Brokerage upgrades: Motilal Oswal recently upgraded Infosys to “Buy”, citing its potential to benefit from enterprise AI spending and a likely growth inflection over the next few years. ^[39]

The ET technical column pegs near‑term upside at almost 6%, suggesting scope for a short‑term swing trade using tight stops below recent support while the sector tailwind persists. ^[40]

Fundamental Picks from Zee Business: Asian Paints and Hindustan Copper

A fresh Zee Business “Stocks to Buy” segment has named Asian Paints and Hindustan Copper as fundamental picks, with a focus on medium‑ to long‑term investors and clear upside targets. ^[41] While the full article is access‑restricted, related coverage and company data help decode the logic.

Asian Paints: Earnings Recovery, Competition Fears Easing

We’ve already seen how Asian Paints looks strong technically. Fundamentally, there’s a lot going on:

Earnings beat: Q2 FY25 saw consolidated net profit surge about 43% YoY to ₹9.94 billion, handily beating forecasts as decorative volumes rose ~11% thanks to earlier price cuts and soft input costs. ^[42]
Analyst upgrades: Nomura has moved the stock to “Buy”, arguing that the expected onslaught from Birla Opus has so far had limited impact on margins or market share. ^[43]
Sentiment shift: The stock jumped roughly 8% in two days after strong Q2 numbers and the abrupt resignation of Birla Opus’ CEO, which eased fears of hyper‑aggressive competition in the paint industry. ^[44]

Zee Business’ fundamental call effectively leans into this turnaround narrative – stabilising margins, resilient demand and receding competitive risk – on top of the bullish flag breakout highlighted by Moneycontrol.

Hindustan Copper (NSE: HINDCOPPER): Riding the Copper Super‑Cycle and PSU Theme

Hindustan Copper, the state‑run copper miner, is seeing a sharp revival:

Price action: On 4 December, the stock hit an intraday high around ₹363–368, up more than 7% for the day and hovering just below its 52‑week high. ^[45]
Medium‑term performance: Over the past three to six months, the stock has delivered strong double‑digit returns as part of a broader rally in PSUs and metal names. ^[46]
Earnings momentum: Q2 FY26 sales rose from about ₹5.18 billion to ₹7.18 billion YoY, with net profit also surging, reflecting both higher realisations and improved operations. ^[47]
Street expectations: Trendlyne data shows an average analyst target around ₹450, implying meaningful upside from current levels, though some valuation models (like Smart‑Investing’s intrinsic value estimate) argue the stock is trading well above its historical fair value, underscoring how sentiment‑driven the move is. ^[48]

Zee Business’ inclusion of Hindustan Copper as a fundamental pick dovetails with the “copper super‑cycle + PSU rerating” narrative: rising copper demand in energy transition, improving government balance sheets, and high retail interest in state‑owned commodity companies.

How Traders and Investors Can Use These Ideas Today

A quick way to think about all these names is to group them by time horizon and risk profile:

1. Short‑Term Trading Ideas (Days to a Few Weeks)

Momentum longs: Wipro, JK Tyre, Asian Paints (technically), NALCO, Devyani International, Indus Towers, Infosys.
Short / Avoid for now: Godrej Properties, where technicals and sector trend both point lower.

If you’re trading these:

Treat Moneycontrol and ET levels (targets and stop‑losses) as reference zones, not guarantees; prices move quickly and may gap beyond these points. ^[49]
Position sizing and strict stops are crucial, especially in reversal plays like Devyani or high‑beta names like metals and midcaps.

2. Medium‑ to Long‑Term Fundamental Stories

Asian Paints: Earnings recovery, easing competition fears and renewed analyst support make it a candidate for core portfolios, though the recent sharp bounce means entry discipline still matters. ^[50]
Hindustan Copper: A leveraged play on copper prices and PSU rerating, but also one where valuations are increasingly rich and sensitive to any reversal in commodity or policy sentiment. ^[51]

For investors, the key is to separate short‑term trading noise from long‑term conviction. A stock can be a great 3‑month trade but a poor long‑term holding, or vice versa.

Bottom Line

On 4 December 2025, the Indian market is in a classic late‑rally phase: indices are choppy and slightly weak, but stock‑specific action is vibrant.

Moneycontrol’s Trade Spotlight leans into breakouts and reversals in Wipro, JK Tyre, Asian Paints, NALCO and Devyani International, while flagging Godrej Properties as a technical short. ^[52]
ETMarkets’ “Two Trades for Today” brings Indus Towers and Infosys into focus as short‑term swing candidates in telecom infra and large‑cap IT. ^[53]
Zee Business adds a fundamental layer, spotlighting Asian Paints and Hindustan Copper as structural stories, not just intraday trades. ^[54]

References

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SSP Group Plc (LON: SSPG) Soars on Results, Dividend Hike and Europe Rail Review – What It Means for the Stock

Swiss Stock Market Today: SMI Edges Higher Toward Record as Cyclicals Rally, Leonteq Crashes – 4 December 2025