Stocks to Watch on 30 Sep 2019

For the stock market trading session on 30 September 2019, major support level of Nifty is expected to be in the range of 11,410 to 11,360. 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 30 September 2019

Yes Bank Limited:

Part of the promoter Group of company sold 1.8 percent shareholding in Yes Bank Limited (YESBANK). Its shares price fell over 5 percent intraday on Friday. It closed at 48.75 with overall loss of 4.51 percent on daily basis.

RBL Bank Limited:

As on 27 September 2019 shares price of RBL Bank Limited (RBLBANK) declined more than 5 percent intraday and closed at 366.25 with overall loss of 5.71 percent on daily basis. It was the top loser from the Nifty Bank.

Reliance Capital Limited:

Brickwork downgraded the rating of Reliance Capital Limited (RELCAPITAL) to BWR D for secured NCDs program. Share’s price fell more than 4 percent intraday on Friday.

Tata Motors Limited:

As on 27 September 2019 share price of Tata Motors Limited (TATAMOTORS) fell nearly 5 percent intraday, as its production at all UK manufacturing plants will be suspended for one week ahead of Brexit.

Vedanta Limited:

As on 27 September 2019 Vedanta Limited (VEDL) declined more than 5 percent intraday ahead of profit booking on last trading session of the week.

Bajaj Finance Limited:

As on 27 September 2019 shares of container Bajaj Finance Limited (BAJFINANCE) touched all-time high. It closed at 4073.90 with overall gain of 1.41 percent on daily basis while it went up 21 percent in September 2019.

Bajaj Finserv Limited:

Last week share price of Bajaj Finserv Limited (BAJAJFINSVISIN) traded near to its all-time high. It closed at 8550.35 with overall gain of 1.01 percent on daily basis while it jumped more than 11 percent on weekly basis.

Indiabulls Housing Finance Limited:

On 27 September 2019 share price of Indiabulls Housing Finance Limited (IBULHSGFIN) fell up to 7 percent intraday ahead of allegations of fund diversion. Indiabulls Housing Finance Sep future declined more than 13 percent on Friday.

Strides Pharma Science Limited:

On 27 September 2019 share price of Strides Pharma Science Limited (STAR) declined nearly 8 percent intraday ahead of suspended sale of Ranitidine tab by United States Food and Drug Administration (USFDA) in US.

Piramal Enterprises Limited:

On 27 September 2019 share price of Piramal Enterprises Limited (PEL) declined more than 7 percent intraday. It closed at 1726.60 with overall loss of 7.15 percent on daily bassis.

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