For the stock market trading session on 24 October 2019, major support level of Nifty is expected to be in the range of 11,490 to 11,400 whereas major resistance level is expected to be in the range of 11,715 to 11,775. Considering the prevailing condition of the market, here are top stocks to watch for 24 October 2019
IRB Infrastructure Developers Limited:
On 23 October 2019 share prices of IRB Infrastructure Developers Limited (IRB) jumped over 27 percent intraday after it reported a 15.7 percent year-on-year increase in profit in the second quarter.
Havells India Limited:
On 23 October 2019 share prices of Havells India Limited (HAVELLS) declined over 3 percent after positive quarterly result. It has reported 1.5 percent year-on-year increase in its Q2 FY20 standalone net profit.
Praj Industries Limited:
As on 23 October 2019 shares price of Praj Industries Limited (PRAJIND) increased over 5 percent intraday after it reported 81.2 percent year-on-year increase in its Q2 FY20 net profit.
Jubilant Foodworks Limited:
As on 23 October 2019 share prices of Jubilant Foodworks Limited (JUBLFOOD) jumped over 8 percent intraday to hit its 52-week high of 1558.55 and closed near to it. Stock traded positive for the fourth consecutive session on Wednesday.
Bajaj Auto Limited:
Share price of Bajaj Auto Limited (BAJAJ-AUTO) rose up to 3.8 percent intraday after it reported 21.7 percent year-on-year growth in Q2 FY20 profit. On Wednesday it made a high of 3237.35 which was highest since 9 February 2018.
HDFC Life Insurance Company Limited:
As on 23 October 2019 share prices of HDFC Life Insurance Company Limited (HDFCLIFE) hit its all-time high of 625.90 after it reported a 7.6 percent increase in net profit in the second quarter of FY20. However, it closed with marginal loss of 0.70 percent on daily basis.
Indian Railway Catering and Tourism Corporation Limited:
Shares price of Indian Railway Catering and Tourism Corporation Limited (IRCTC) traded positive for fourth consecutive session. As on 23 October 2019 it jumped over 7 percent intraday. It closed with overall gain of 7.49 percent on daily basis.
SHREE CEMENT LIMITED:
As on 23 October 2019 share price of SHREE CEMENT LIMITED (SHREECEM) opened on positive note and traded sideways throughout the day. It closed with an overall gain of 1.5 percent on daily basis. Scrip is trading above its 50 & 200 Days EMAs.
Dish TV India Limited:
As on 23 October 2019 shares of Dish TV (DISHTV) declined over 10 percent intraday and hit its 10-year low Scrip has traded negative for third consecutive session. Share price has declined 25 percent after promoters reduced their stake in the July-September quarter.
Affle (India) Limited:
On 23 October 2019 share prices of Affle (India) Limited (AFFLE) jumped up to 19.8 percent intraday to hit its all time high of 1460 after the company filed 14 technology patents in Singapore and the US.