Stocks To Watch-Out For On Tuesday Morning
The Indian stock, money and forex markets would be closed for trading on Monday. Here are select stocks that you can watch out for on Tuesday morning.
Just Dial
Investors in Just Dial could well get palpitations ahead of the company's quarterly numbers. The last two quarterly results were howlers for the company, which saw a huge dip in the share price.Not sure which way it will go this time.
Just Dial shares last closed at Rs 487 on the NSE.
Jet Airways
Jet Airways is looking week on the charts, after nearing a 1 month low of Rs 532. Though, at the current market price of Rs 542, it has not breached the 1-month low, the signs are very bearish on the stock.
A rally in crude prices could see the stock fall.
Aditya Birla Nouvo
You seldom see shares falling 21 per cent in Blue Chips.
But, that is what happened to the Aditya Birla Nouvo shares on Friday. On Tuesday, investors would watch if there is fresh selling in the stock after Friday's crash. The stock last closed at Rs 1290 on the NSE.
Power Grid
Power Grid will be declaring its quarterly numbers later on Tuesday. It is not a stock that sees great volatility and the shares are expected to be steady given that the quarterly numbers are always consistent.
Concor
Concor is another stock that you should watch-out for given that the shares are trading very close to 1-month lows of Rs 1392. The stock last closed at Rs 1400 on the BSE and looks weak on the charts.
Signet industries
Signet Industries rallied as much 48 per cent during the week after a spectacular set of results. Net profits at the company doubled to Rs 4.23 crores from Rs 2.12 crores in the previous quarter. The stock ended the week at Rs 30.55.