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Stocks to Watch on 10 Oct 2019

Stocks to Watch on 10 Oct 2019

For the stock market trading session on 10 October 2019, major support level of Nifty is expected to be in the range of 11,220 to 11,090 whereas major resistance level is expected to be in the range of 11,400 to 11,510. Considering the prevailing condition of the market, here are top stocks to watch for 10 October 2019

Yes Bank Limited:

As on 09 October 2019 shares of Yes Bank Limited (YESBANK) declined over 10 percent intraday after the lender denied media reports which said that the bank was in talks with strategic investors. It closed with overall loss of 5 percent.

IndusInd Bank Limited:

As on 09 October 2019 shares price of IndusInd Bank Limited (INDUSIND) jumped over 6 percent intraday ahead of its estimated profit increase by 66.2 percent year-on-year according to ICICI Direct.

Titan Company Limited:

As on 09 October 2019 shares price of Titan Company (TITAN) declined more than 6 percent intraday after the company showed muted growth in the second quarter. It closed with overall loss of 2.30 percent on daily basis.

Indiabulls Real Estate Limited:

Share prices of Indiabulls Real Estate Limited (IBREALEST) hit upper circuit on 09 October 2019 as board to considers share buyback.

Raymond Limited:

As on 09 October 2019 share prices of Raymond Limited (RAYMOND) jumped over 11 percent intraday after its associate company signed an agreement to sell its property. During the session it made a high of 613.45 which was highest since 21 August 2019.

Cadila Healthcare Limited:

As on 09 October 2019 share prices of Cadila Healthcare Limited (CADILAHC) traded positive up to 4.32 percent intraday after getting approval from USFDA for cholesterol-lowering drug.

HEG Limited:

As on 09 October 2019 share price of HEG Limited (HEG) declined over 6 percent to touch its 2 year low of 858, however it recovered from lower level and closed with marginal loss of 0.77 percent on daily.

Dewan Housing Finance Corporation Limited:

On Wednesday share prices of Dewan Housing Finance Corporation Limited (DHFL) declined nearly 10 percent intraday after CDSL froze promoters' holding due to delay in announcement of the company's financial earnings.

NMDC Limited:

On 09 October 2019 share prices of NMDC Limited (NMDC) jumped over 5 percent intraday as company said it is considering raising funds through the debt market.

Siemens Limited:

As on 09 October 2019 share prices of Siemens Limited (SIEMENSIS) jumped over 4 percent and made its alltime high of 1595. It ended up 4.25 at 1586.

Disclaimer : All content provided is for informational purposes only, and shall not be relied upon as financial/investment advice. Neither CapitalVia nor its employees have a holding or any sort of interest in any stock which is recommended. Recommendations shared, if any, are only shared for information purposes. Although the best efforts have been made to ensure all information is accurate and up to date, occasionally unintended errors or misprints may occur.
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