Stocks to Watch on 18 Oct 2019

For the stock market trading session on 18 October 2019, major support level of Nifty is expected to be in the range of 11,440 to 11,340 whereas major resistance level is expected to be in the range of 11,611 to 11,700. Considering the prevailing condition of the market, here are top stocks to watch for 18 October 2019.

Yes Bank Limited:

As on 17 October 2019 share prices of Yes Bank Limited (YESBANK) jumped over 15 percent intraday. During the session it made a high of 48.20 which is the highest since 1 October 2019.

SBI Life Insurance Company Limited:

As on 17 October 2019 share prices of SBI Life Insurance Company Limited (SBILIFE) jumped over 5 percent intraday and hit all time high of 929.50. The stock has been one of the biggest gainers of the year so far. In the calendar year 2019 it gained over 51 percent.

Tata Motors Limited:

Share prices of Tata Motors Limited (TATAMOTORS) rallied over 13 percent intraday on 17 October 2019 after the UK and European Union (EU) agreed on a new Brexit deal.

TVS Motor Company Limited:

On 17 October 2019 share prices of TVS Motor Company Limited (TVSMOTOR) jumped over 9 percent intraday after it reported a 20 percent jump in its second quarter of FY20 standalone net profit.

Avenue Supermarts Limited:

As on 17 October 2019 share prices of Avenue Supermarts Limited (DMART) jumped over 3 percent intraday. It closed positive for consecutive third trading session and rallied over 4.80 percent while in past six months it rallied over 47 percent.

Adani Green Energy Limited:

On 17 October 2019 share prices of Adani Green Energy Limited (ADANIGREEN) jumped over 17 percent intraday after Inox Wind said it has closed a deal for sale of 50 MW wind power project to Adani Green Energy. It rallied over 51 percent in October 2019.

Bajaj Consumer Care Limited:

Share prices of Bajaj Consumer Care Limited (BAJAJCON) rallied over 10 percent intraday and closed with overall gain of 6.8 percent on 17 October 2019 after company's promoter offloaded their 22 percent stake in the company.

Indiabulls Housing Finance Limited:

Indiabulls Housing Finance Limited (IBULHSGFIN) jumped over 17 percent after the company said CRISIL has reaffirmed its long-term and short-term ratings.

3M India Limited:

As on 17 October 2019 shares price of 3M India Limited (3MINDIA) jumped over 11 percent intraday. During the session it made high of 22,991 which was highest since 8 July 2019.

MindTree Limited:

Share prices of MindTree Limited (MINDTREE) declined over 3 percent intraday on 17 October 2019 after Morgan Stanley put an underweight rating on the stocks after the company reported its September quarter earnings.

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