Stocks to Watch, 2 Apr: Stocks like Hi-Tech Pipes, Syngene International, Tata Steel, Biocon, Vaibhav Global, Tata Consumer Products, MOIL, JSW Energy, Quess Corp, Indian Bank, Pidilite Industries, Jana Small Finance Bank, SJVN, Power Grid Corporation of India, Shriram Finance, Polycab India, and Godawari Power & Ispat will be in focus on April 2.
Gold hit a new high of 70,248 earlier in the morning. The spike stands to benefit gold loan companies such as Muthoot Finance and Manappuram Finance as it lifts the value of the collateral held by them
Traders should keep a close eye on key support (21,500) and resistance levels (22,000–22,100) and remain flexible in their trading strategies,