Stocks to Watch, 19 May: Stocks like Zen Technologies, Arvind Fashions, Galaxy Surfactants, KRBL, Kalpataru Projects International, IOL Chemicals, Repco Home Finance, CreditAccess Grameen, Dhampur Sugar Mills, Gujarat Alkalies, Kaynes Technology India, Texmaco Rail & Engineering, Sterlite Technologies, and Dr Reddy's Laboratories will be in focus on May 19.
Following the stock split, shareholders of IOL Chemicals will get five shares for each share they currently own. The stock split will also be the first ever for the company.
Stocks To Watch Today, Dec 30: Stocks like Prestige Estates Projects, Coforge, PNC Infratech, Fortis Healthcare, Utkarsh Small Finance Bank, SJVN, Reliance Infrastructure, Reliance Industries, Max Financial Services, Alkyl Amines Chemicals, Godrej Consumer Products, IOL Chemicals, and Carraro India will also be in focus on December 30.
Stocks like Ipca Laboratories, Gujarat Toolroom, Cummins India, Asian Paints, Vardhman Polytex, ITC, State Bank of India, JSW Infrastructure, Allcargo Gati, IOL Chemicals, Brigade Enterprises, Wipro, Borosil Renewables, and IRCON International will also be in focus on December 19.
At current juncture, Trident is in crucial support zone of Rs 35-36. Moreover, exactly at those levels, we have seen Bullish Engulfing on June 21 along with volume picking up and it is a sign of positive momentum.
The benchmark indices ended almost 2 percent lower on June 10; global cues are expected to influence market direction