Srocks to Watch on 1 Oct 2019

‍

For the stock market trading session on 1 October 2019, major support level of Nifty is expected to be in the range of 11,390 to 11,300. Whereas major resistance level is expected to be in the range of 11,611 to 11,710. Considering the prevailing condition of the market, here are top stocks to watch for 1 October 2019

Yes Bank Limited:

As on 30 September 2019 shares price of Yes Bank Limited (YESBANK) fell nearly 15 percent intraday and hit a 10-year low despite receiving approval from RBI to raise more capital. It closed at 41.80 with overall loss of 14.26 percent on daily basis.

Indiabulls Housing Finance Limited:

As on 30 September 2019 share price of Indiabulls Housing Finance Limited (IBULHSGFIN) fell up to 38 percent due to the concern over its merger with Lakshmi Vilas Bank.

Zee Entertainment Enterprises Limited:

As on 30 September 2019 share price of Zee Entertainment Limited (ZEEL) declined up to 8 percent intraday. During the session it made a low of 251.65 which was the lowest since September 2014. In September 2019 it declined more than 28 percent.

Piramal Enterprises Limited:

On 30 September 2019 share price of Piramal Enterprises Limited (PEL) declined up to 8 percent intraday and traded near to its 31 months low. In September 2019 it fell over 20 percent. It closed at 1,626 with overall loss of 5.83 percent on daily basis.

Future Consumer Limited:

As on 30 September 2019 share price of Future Consumer Limited (FCONSUMER) declined up to 4 percent ahead of company acquired 50 percent stake in Genoa Rice Mills.

Cipla Limited:

On 30 September 2019 share price of Cipla Limited (CIPLA) touched 5 year low of Rs 418 declined up to 4 percent intraday after company received 12 observations for its Goa facility.

InterGlobe Aviation Limited:

As on 30 September 2019 shares price of InterGlobe Aviation Limited (INDIGO) hit its all-time high of 1,898.85. It closed at 1,883.05 with overall gain of 1.69 percent on daily basis.

Kajaria Ceramics Limited:

Shares price of Kajaria Ceramics Limited (KAJARIACER) closed negative despite of its subsidiary starting commercial production of tiles on 29 September. It closed at 550 with an overall loss of 1.25 percent.

Glenmark Pharmaceuticals Limited:

Glenmark Pharmaceuticals Limited (GLENMARK) traded near 7-year low on 30 September 2019. In September 2019 it declined more than 15 percent.

TVS Motor Company Limited:

As on 30 September 2019 TVS Motor Company Limited (TVSMOTOR) traded positive despite of declined in Nifty Auto. It was the top gainer from the Nifty Auto. Scrip is trading above its 50 & 100 Days EMAs.

‍