For the stock market trading session on 5 December 2019, major support level of Nifty is expected to be in the range of 11,935 to 11,883 whereas major resistance level is expected to be in the range of 12,160 to 12,226. Considering the prevailing condition of the market, here are top stocks to watch for 5 December 2019
ICICI Bank Limited:
As on 4 December 2019 share price of ICICI Bank Limited (ICICIBANK) jumped over 4 percent to hit its all-time high of 531.35. In the calendar year of 2019 stock has rallied over 46 percent. Morgan Stanley has maintained an overweight rating of the stock price with a target of Rs 775 per share.
CSB Bank Limited:
As on 4 December 2019 CSB Bank Limited (CSBBANK) formerly Catholic Syrian Bank rallied over 57 percent on its first trading session over the issue price of Rs 195 on the listing day. Stock has closed at 299.9 near to 300 with overall gain of approx. 54 percent over its issue price of 195.
ICICI Securities Limited:
As on 4 December 2019 share price of ICICI Securities Limited (ISEC) increased as much as 3.46 percent intraday to hit its fresh 52 week high of 356. Last week stock has rallied over 15 percent.
HDFC Asset Management Company Limited:
As on 4 December 2019 share price of HDFC Asset Management Company Limited (HDFCAMC) declined over 4 percent as Standard Life is to sell up to 2.23 percent stake in the company via offer for sale. Stock has declined 14.67 percent from its all-time high in past 9-trading sessions.
As on 4 December 2019 share price of Biocon Limited (BIOCON) gained over 1 percent a day after it announced the launch of Ogivri a biosimilar to Herceptin in the USA with its partner Mylan.
Tata Motors Limited:
As on 4 December 2019 share price of Tata Motors Limited (TATAMOTORS) rallied over 7 percent intraday ahead of price hike from January and a double-digit growth in Land Rover sales in the United States.
Strides Pharma Science Limited:
As on 4 December 2019 share price of Strides Pharma Science Limited (STAR) gained over 1 percent as on Wednesday company said it has got tentative approval from US health regulator for Diclofenac Potassium Softgel Capsules a drug used to relieve pain.
Piramal Enterprises Limited:
As on 4 December 2019 share price of Piramal Enterprises Limited (PEL) closed with overall loss of 1.26 percent to hit its one month low. On Wednesday stock has traded with volatility. Before market closing a brisk decline occurred in the stock price.
AS on 4 December 2019 share price of Pfizer Limited (PFIZER) has closed positive for fifth consecutive trading session and rallied over 12 percent in past five trading sessions. On Wednesday stock has rallied as much as 3.62 percent to hit its all-time high of 4499.
Apollo Hospitals Enterprise Limited:
As on 4 December 2019 share price of Apollo Hospitals Enterprise Limited (APOLLOHOSP) rallied over 5 percent after it gave negative closing for four consecutive trading session. Stock has opened on flat note and traded with positive sentiments throughout the day.
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Data presented here is taken from company's inception
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