Stocks to Watch on 20 Sep 2019

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For the stock market trading session on 20 September 2019, major support level of Nifty is expected to be in the range of 10,635 to 10,550. Whereas major resistance level is expected to be in the range of 10,850 to 10,925. Considering the prevailing condition of the market, here are top stocks to watch for 20 September 2019

Central Bank of India:

As on 19 September 2019 Central Bank of India (CENTRALBK) declined over 2 percent after ICRA revised outlook to "negative" from "rating watch with developing implications" on upper tier-II bonds. It closed at 19.20 with overall loss of 2.54 percent on daily basis.

Coffee Day Enterprises Limited:

Coffee Day Enterprises Limited (COFFEEDAY) fell 5 percent amid reports that, the lenders invoked pledged shares. As on 19 September it closed at 68.60.

Zee Entertainment Enterprises Limited:

Zee Entertainment Enterprises Limited (ZEEL) fell more than 8 percent intraday after arbitrator restricts promoter from selling stake. As on 19 September it closed at 309.15 with overall loss of 7.83 percent on daily basis.

Yes Bank Limited:

As on 19 September YES Bank Limited (YESBANK) opened on negative note and traded with negative sentiments throughout the day. It ended over 15 percent down after CARE downgrades NCDs of promoter Morgan Credits.  

Vodafone Idea Limited:

Vodafone Idea Limited (IDEA) gained more than 12 percent, during the session it hit upper circuit after TRAI seeks deadline review for zero IUC. It ended up at 5.45 with overall gain of 12.37 percent on daily basis.

IDBI Bank Limited:

Shares of IDBI Bank Limited (IDBI) fell more than 2 percent intraday on 19 September 2019 after the company approved preferential issue to Life Insurance Corporation and the government. Stock closed at 27.10 with overall loss of 2.52 percent on daily basis.

National Aluminium Company Limited:

National Aluminium Company Limited (NATIONALUM) declared its highest ever dividend on the occasion of the 38th Annual General Meeting (AGM) of the Navaratna PSU and said it has reflected continuation of its bull run.  It closed at 44.75 with marginal gain of 0.45 percent on daily basis.

Lupin Limited:

On Thursday share price of Lupin Limited (LUPIN) fell to 742.05 which was 2.25 percent down as compared to last trading session. According to the company it has received a warning letter from the USFDA (United States Food and Drug Administration) for its Mandideep facility in Madhya Pradesh.

Indiabulls Housing Finance Limited:

As on 19 September 2019 Indiabulls Housing Finance Limited (IBULHSGFIN) hit fresh 58 months low. It closed at 400 with overall loss of 4.59 percent on daily basis.

Maruti Suzuki India Limited:

On Thursday Maruti Suzuki India Limited (MARUTI) closed negative for consecutive 4 trading sessions. It closed at 5987.70 with overall loss of 1.76 percent on daily basis. Scrip is trading below its 50 and 200 days EMAs.

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