Stock Market: Top Stocks to Watch Today (01st July, 2024 – Monday)
HDFC Bank: HDFC Bank is one of India’s largest private sector banks. It consistently maintains high liquidity due to its large market capitalization and active trading volume. The bank’s stable financials and strong management make it a reliable choice for intraday trading.
Axis Bank: Axis Bank is known for its retail and corporate banking services. It has decent liquidity and can be a suitable pick for intraday trading. Monitor its technical indicators and news developments.
Godrej Properties Ltd: Godrej Properties focuses on residential and commercial projects. It has a reputation for quality construction and timely delivery. The company’s strategic land acquisitions and joint ventures contribute to its growth prospects.
Oberoi Realty Ltd: Oberoi Realty is known for luxury residential and commercial developments. Its projects are concentrated in Mumbai, a high-demand real estate market. The company’s strong financials and prudent management enhance its investment appeal.
Hindustan Unilever: HUL is a market leader in the FMCG sector, offering a wide range of products across categories. Its strong distribution network, brand equity, and consistent performance make it a reliable choice for intraday trading.
Britannia Industries: Britannia is a renowned player in the biscuit and bakery products segment. It has a loyal customer base and consistently introduces new products. The company’s financial stability and growth prospects make it an interesting stock to consider.
TV18 Broadcast: TV18 Broadcast operates news and entertainment channels. It is part of the Network18 group. The company’s news coverage and diversified content make it worth considering for intraday trades.
PVR Ltd: PVR is a leading multiplex chain in India. As the entertainment industry recovers, PVR’s stock may see positive movements. Keep an eye on sector-specific news and overall market trends.
Adani Green Energy: Adani Green Energy focuses on renewable energy, particularly solar and wind. It has gained prominence in recent years. Be cautious and set appropriate stop-loss levels.
Tata Power: Tata Power is involved in power generation, transmission, and distribution. It offers decent liquidity and can be considered for intraday trades. Keep an eye on overall market trends.
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 😊
