State Bank of India: Reason: As the largest public sector bank in India, SBI typically reflects broader market sentiments and government policies. Its large market presence and diversified portfolio could attract investor interest.
Kotak Mahindra Bank: Reason: Kotak Mahindra Bank is recognized for its conservative approach to lending, strong asset quality, and innovative banking solutions. Its leadership in various financial services segments makes it a favoured pick among investors.
Oberoi Realty: Reason: Oberoi Realty is known for its premium residential and commercial projects in Mumbai and other key cities. Its focus on high-quality developments and strong brand equity can attract investors looking for exposure to upscale real estate.
Sobha Limited: Reason: Sobha Limited is recognized for its expertise in residential and contractual projects, particularly in South India. Its strong execution capabilities and focus on quality could appeal to investors looking for growth opportunities in the real estate sector.
Tata Steel: Reason: Tata Steel is one of the largest steel producers in India with a significant global presence. Its stock is sensitive to international steel prices, which have been showing strength due to global infrastructure investments and supply chain disruptions. Intraday traders often look for volatility in Tata Steel’s stock due to its exposure to commodity price movements.
JSW Steel: Reason: JSW Steel is another major player in the Indian steel industry known for its integrated steel plants and strong operational efficiency. Its stock performance correlates closely with steel demand and global pricing trends. Intraday traders might find opportunities in JSW Steel based on its price movements and sectoral news.
Maruti Suzuki India Ltd: Reason: Maruti Suzuki is the largest passenger vehicle manufacturer in India with a dominant market share. Its stock is influenced by monthly sales figures, new product launches, and macroeconomic factors affecting consumer sentiment. Intraday traders often react to news related to Maruti’s production updates and sales performance.
Tata Motors: Reason: Tata Motors is a diversified automobile manufacturer with a significant presence in both commercial and passenger vehicle segments. The stock’s volatility can be influenced by domestic and international sales, product launches, and macroeconomic indicators affecting the automotive industry.
Jagran Prakashan Ltd: Reason: Jagran Prakashan is a leading newspaper publisher in India with a significant presence in print and digital media. The stock’s intraday movements can be influenced by circulation numbers, advertising revenues, and digital subscriber growth. News related to regulatory changes or strategic initiatives can also impact its stock price intraday.
Network18 Media & Investments Ltd: Reason: Network18 Media operates a diversified media portfolio including news channels, digital content platforms, and entertainment channels. Intraday traders often monitor Network18 for its exposure to media consumption trends, digital transformation initiatives, and corporate announcements that could affect stock volatility.
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 😊
