For the stock market trading session on 04 October 2019, major support level of Nifty is expected to be in the range of 11,238 to 11,145 whereas major resistance level is expected to be in the range of 11,390 to 11,555. Considering the prevailing condition of the market, here are top stocks to watch for 04 October 2019
Yes Bank Limited:
As on 03 October 2019 shares price of Yes Bank Limited (YESBANK) jumped more than 34 percent intraday after hitting a multi-year low on October 1 on the back of the forced sale of pledged shares by large shareholders.
Piramal Enterprises Limited:
Shares price of Piramal Enterprises Limited (PEL) declined around 8.50 percent intraday to hit a fresh 27 month low of Rs. 1,523.80 on Thursday. It closed at 1,560 with overall loss of 6.52 percent on daily basis.
InterGlobe Aviation Limited:
As on 03 October 2019 shares price of InterGlobe Aviation Limited (INDIGO) declined over 4 percent intraday ahead of arbitration in regards to the feud between the two co-founders - Rahul Bhatia and Rakesh Gangwal.
On Tuesday share price of Vedanta Limited (VEDL) fell about 5 percent intraday. It closed negative for fourth consecutive session after global financial firm Citi cut the target price on the stock.
Bharat Petroleum Corporation Limited:
On 03 October 2019 share price of Bharat Petroleum Corporation Limited (BPCL) jumped over 13 percent intraday to hit a fresh 52-week high of Rs. 539.90 after reports emerged that the government was planning to sell its stake in the company.
Zee Entertainment Enterprises Limited:
Shares price of Zee Entertainment Enterprises Limited (ZEEL) jumped over 9 percent intraday on 03 October 2019 after lenders extended repayment deadline. It closed positive after three consecutive negative sessions.
Coal India Limited:
Shares price of Coal India Limited (COALINDIA) declined over 3 percent inraday on Thursday after one of its largest mines was flooded, which would halt production for at least a month.
TVS Motor Company Limited:
Share price of TVS Motor Company Limited (TVSMOTOR) declined nearly 4 percent on 03 October 2019 after the company reported its sales numbers for September. It closed at 403.60 with overall loss of 3.74 percent on daily basis.
Hero MotoCorp Limited:
As on 03 October 2019 the share price of Hero MotoCorp Limited (HEROMOTOCO) traded sideways. In month of September the company reported growth of 12.6 percent in sales of two-wheeler (MoM).
Eicher Motors Limited:
On Thursday share price of Eicher Motors Limited (EICHERMOT) jumped more than 2 percent after the company reported its sales numbers for September. Motorcycles sales in September fell nearly 17 percent (YoY) however its exports jumped by191 percent.