Top Stocks to Watch: Indiabulls Housing Finance Limited, Tata Steel Limited, Biocon Limited

For the stock market trading session on 29 November 2019, major support level of Nifty is expected to be in the range of 12,097 to 12,049. Whereas major resistance level is expected to be in the range of 12,187 to 12,226. Considering the prevailing condition of the market, here are top stocks to watch for 29th November 2019

Indiabulls Housing Finance Limited:

Share price of Indiabulls Housing Finance Limited (IBULHSGFIN) gained over 29 percent on 28th November 2019 after The Ministry of Corporate Affairs (MCA), found no irregularities in loans extended by Indiabulls Housing Finance to five companies, as alleged by a Public Interest Litigation.

Tata Steel Limited:

As on 28 November 2019 share price of Tata Steel Limited (TATASTEEL) increased over 2 percent intraday amid likely hike in prices and positive vibes from US-China trade talks.

Biocon Limited:

As on 28 November 2019 share price of Biocon Limited (BIOCON) gained over 5 percent intraday to hit its 2-month high ahead the company received USFDA approval for Peg filgrastim drug substance. Stock has rallied over 10 percent in this week.

JSW Steel Limited:

As on 28 November 2019 share price of JSW Steel Limited (JSWSTEEL) increased over 4 percent intraday to hit its 4-month high of 264.90 amid likely hike in prices and positive vibes from US-China trade talks.

Tata Communications Limited:

As on 28 November 2019 share price of Tata Communications Limited (TATACOMM) gained over 8 percent intraday after the company signed an agreement with Kacific Broadband Satellites Group. In past two trading session stock has jumped over 28 percent.

Yes Bank Limited:

As on 28 November 2019 share price of Yes Bank Limited (YESBANK) gained over 3 percent a day after the company offloaded shares of Reliance Capital for the third consecutive session.

Ujjivan Financial Services Limited:

As on 28 November 2019 Ujjivan Financial Services Limited (UJJIVAN) closed positive for fifth consecutive session. Stock has gained as much as 2.07 percent intraday to hit its 5-month high of 330.20.

L&T Finance Holdings Limited:

As on 28 November 2019 share price of L&T Finance Holdings Limited (L&TFH) jumped over 5 percent for second consecutive trading session to hit its 4-month high of 115.40. Stock has rallied over 19 percent in month of Nov 2019

Housing Development Finance Corporation Limited:

After positive giving positive closing for five consecutive session share prices of Housing Development Finance Corporation Limited (HDFC) declined over 1 percent on Thursday ahead of profit booking.

Indraprastha Gas Limited:

Share price of Biocon Limited (BIOCON) closed positive for third consecutive session on 28 November 2019. On Thursday it gained over 1 percent after Morgan Stanley retained its bullish stance on the stock.

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