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Top Stocks to Watch: Yes Bank Limited, Ujjivan Financial Services Limited, L&T Finance Holdings Limited

Top Stocks to Watch: Yes Bank Limited, Ujjivan Financial Services Limited, L&T Finance Holdings Limited

For the stock market trading session on 28 November 2019, major support level of Nifty is expected to be in the range of 12,000 to 119,19 whereas major resistance level is expected to be in the range of 12135 to 12193. Considering the prevailing condition of the market, here are top stocks to watch for 28 November 2019

Yes Bank Limited:

Share price of Yes Bank Limited (YESBANK) gained over 9 percent in the morning trade on 27 November 2019 after the company offloaded shares of Reliance Capital for the third consecutive session.

Ujjivan Financial Services Limited:

As on 27 November 2019 Ujjivan Financial Services Limited (UJJIVAN) opened on positive note and traded with positive sentiments throughout the day, stock has gained as much as 5.87 percent intraday and closed positive for fourth consecutive session.

Housing Development Finance Corporation Limited:

Share price of Housing Development Finance Corporation Limited (HDFC) closed positive for fourth consecutive trading session on Wednesday. It gained over 2 percent intraday after Morgan Stanley maintained its overweight call and raised its target price from Rs 2,600 to Rs 2,900 per share.

L&T Finance Holdings Limited:

As on 27 November 2019 share price of L&T Finance Holdings Limited (L&TFH) jumped over 5 percent to hit its four-month high of 108.80. Stock has rallied over 12 percent in month of Nov 2019

Ashok Leyland Limited:

As on 27 November 2019 share price of Ashok Leyland Limited (ASHOKLEY) increased over 3 percent intraday after the company bagged an order for 1,750 buses from Tamil Nadu State Transport Undertakings.

TVS Motor Company Limited:

As on 27 November 2019 share price of TVS Motor Company Limited (TVSMOTOR) jumped over 5 percent intraday highest among the Nifty Auto. Stock has rallied over 7 percent in this week.

HCL Technologies Limited:

As on 27 November 2019 share price of HCL Technologies Limited (HCLTECH) opened on flat note and traded with positive sentiments throughout the day. During the session stock has jumped as much as 2.34 percent after the company fixed record date for bonus share issue.

Glenmark Pharmaceuticals Limited:

As on 27 November 2019 share price of Glenmark Pharmaceuticals Limited (GLENMARK) gained as much as 4.89 percent intraday, a day after company received approval for Metformin Hydrochloride extended‐release tablets used for managing type-two diabetes USFDA.

Wockhardt Limited:

As on 27 November 2019 share price of Wockhardt Limited (WOCKPHARMA) declined over 3 percent intraday after promoter pledged more shares last week.

Biocon Limited:

As on 27 November 2019 share price of Biocon Limited (BIOCON) gained over 5 percent intraday to hit its 5-month high after the company received USFDA approval for Pegfilgrastim drug substance.

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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