The consolidation is expected to continue until the Nifty 50 delivers a strong close above the midline of the Bollinger Bands. Below are some short-term trading ideas to consider.
Stocks to watch, 16 June: Gujarat Themis Biosyn, Godrej Properties, Sun Pharmaceutical Industries, Belrise Industries, Syngene International, Natco Pharma, Vedanta, ITC, Eicher Motors, South Indian Bank, NTPC, Nazara Technologies, Scoda Tubes, Shalby, Jubilant Pharmova, Jubilant Foodworks, and Jubilant Ingrevia will be in focus on June 16.
The key indices are likely to consolidate and remain range-bound in the upcoming sessions. Below are some trading ideas for the near term.
Stay updated on the latest stock market movements! Bharat Electronics secures a ₹2,463 crore defense contract, NTPC Green commissions the final phase of its Shajapur Solar Project, and Jubilant Pharmova gets a key USFDA update. Plus, major developments from Satin Creditcare, BEML, and Zydus Lifesciences. Watch now for all the key highlights!
Stocks to Watch, Mar 13: Stocks like Tata Steel, NHPC, NTPC Green Energy, Firstsource Solutions, Coromandel International, SP Apparels, Zydus Lifesciences, Jaiprakash Associates, Rollatainers, Satin Creditcare Network, and Ola Electric Mobility will be in focus on March 13.
Stocks To Watch, Jan 17: Stocks like Hatsun Agro Products, Metro Brands, Bharat Petroleum Corporation, Mastek, One Mobikwik Systems, Jammu & Kashmir Bank, Satin Creditcare Network, IRCTC, Power Finance Corporation, Suraksha Diagnostic, Indian Bank, TVS Motor Company, and Bajaj Healthcare will be in focus on January 17.
Stocks like Godrej Consumer Products, Indian Energy Exchange, United Breweries, JSW Energy, PNB Housing Finance, Mahanagar Gas, Chalet Hotels, CIE Automotive India, Petronet LNG, and Nippon Life India Asset Management will also be in focus on October 25.
IDFC First Bank, Dr Reddy’s Laboratories, Punjab National Bank, ICICI Prudential Life Insurance Company, Bharat Electronics, Tata Chemicals, Adani Enterprises, and Adani Energy Solutions will also be in focus on September 30.
USFDA determines inspection classification of ‘Voluntary Action Indicated’ for Jubliant Pharmova's contract manufacturing facility in USA.
Trading volumes for Jubilant Pharmova were nine times higher as compared to average volume at this time of the day.
The French R&D centre has capability of conducting discovery and early development in immune-oncology.
UltraTech Cement, Maruti Suzuki India, Sun Pharma Advanced Research Company, Glenmark Life Sciences, Hindustan Zinc, Godawari Power and Ispat, Manappuram Finance, Jubilant Pharmova, and Strides Pharma Science will also be in focus on Monday.
Jubilant Pharmova share price | The share touched a 52-week high of Rs 799.95 and a 52-week low of Rs 319.30 on 19 July, 2024 and 26 October, 2023, respectively.