Stocks to Watch, 31 July: Stocks like Tata Steel, Aurobindo Pharma, Gujarat Gas, Navin Fluorine International, Hitachi Energy, Sagility India, InterGlobe Aviation, Mahindra and Mahindra, Brigade Hotel Ventures, and Jio Financial Services will be in focus on July 31.
Overall, the trend remains in favour of bears, given the negative bias in momentum indicators and indices trading below all key moving averages. Below are some trading ideas for the near term.
The Nifty 50 is likely to extend losses, with a downside target towards 23,600. On the NSE, 2,209 shares declined, while 192 shares advanced. Here are some trading ideas for the near term.