Stock Market: Top Stocks to Watch Today (25th Nov, 24 – Monday)
Oil and Natural Gas Corporation: ONGC has recently discovered new oil and gas reserves in the Krishna-Godavari basin, which is expected to boost its production capacity. Strong fundamentals, government support, and a consistent dividend payout history.
NTPC Ltd: NTPC is expanding its renewable energy portfolio and has announced several new solar and wind projects. Strong market position, government backing, and a focus on sustainable energy sources.
Lupin Limited: Lupin has been focusing on expanding its product portfolio and entering new therapeutic areas. It has a strong presence in the US market and a diverse product range, making it a good choice for intraday trading.
Cipla Limited: Cipla has been investing in new technologies and expanding its manufacturing capabilities. It is a well-established company with a strong global presence and a focus on innovation, making it a reliable choice for intraday trading.
Mahindra & Mahindra Ltd: Mahindra & Mahindra has announced a partnership with a global tech firm to develop electric vehicle (EV) technology. M&M is a leader in the SUV and tractor segments, and its focus on EVs positions it well for future growth.
Tata Motors Ltd: Tata Motors has reported a significant increase in commercial vehicle sales for the last quarter. Tata Motors is the largest commercial vehicle manufacturer in India and has a strong presence in the EV market.
Tata Steel: Tata Steel has recently announced a significant expansion in its production capacity, aiming to meet the rising demand for steel in both domestic and international markets. Strong presence across the value chain, robust performance in key segments like automotive and infrastructure, and a focus on cost optimization and capacity expansion.
Steel Authority of India Limited: SAIL has secured a major contract for supplying steel to various government infrastructure projects, boosting its revenue prospects. Diverse product range, government backing, and a strong foothold in the construction and engineering sectors.
State Bank of India: SBI has announced plans to expand its rural banking network to reach more customers in underserved areas.Government backing, extensive branch network, and a focus on financial inclusion make it a reliable choice for intraday trading.
Axis Bank Ltd: Axis Bank has launched a new suite of financial products aimed at small and medium enterprises (SMEs).Strong growth in SME lending, diversified product offerings, and a focus on digital transformation make it a good pick for intraday trading.
Disclaimer# Please note that these are our observations based on the current market performance and past data. It is always a good idea to do your own research before making any trading decisions. Also, consider using fundamental & technical analysis tools to identify entry and exit points. Always stay informed about market news and events that could impact these stocks.
Happy Trading 😊
