Stocks like LTIMindtree, Asian Granito India, Asian Paints, Morepen Laboratories, Ashiana Housing, Ujjivan Small Finance Bank, Hinduja Global Solutions, JSW Steel, and Syngene International will also be in focus on December 11.
Given the current conditions, traders are advised to remain cautious and avoid aggressive long positions.
The company expects a turnover of around Rs 400 crore from sanitaryware and bathware division in the next five years.
In the short term, the Nifty50 index is likely to maintain its momentum. On the upside, it could potentially approach 20,000 mark. The support range is positioned at 19,700 - 19,750.
At close, the Sensex was up 98.84 points or 0.16 percent at 61,872.62, and the Nifty was up 35.80 points or 0.20 percent at 18,321.20. About 1,830 shares advanced, 1,573 shares declined, and 112 shares were unchanged.