The country's stock market faced a decline in the first two trading sessions of this week. Sensex and Nifty50 lost points for two consecutive days. Concerns about a fall in Wednesday's trading session have also intensified. Gift Nifty has also indicated a negative start. However, in this situation, market analysts have advised keeping an eye on several stocks for Wednesday's trading session. The stocks of all these companies have made news for several reasons. Let's see which companies are on this list.
Stocks to watch amid weak market cues
Titan: This Tata Group company has released its financial report for the third quarter of the current financial year, i.e., from October to December last year. During this period, the company's business grew by 40 percent.
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Biocon: This pharma sector stock has recently announced the launch of three cancer treatment drugs. Since then, investor interest in this company has increased.
Tata Capital: The lock-in period for this Tata Group company's stock ends on January 7. As a result, approximately 7.12 crore shares of this company will be available for trading.
Mahindra & Mahindra: The country's leading automobile manufacturer has brought a new electric vehicle to the market. As a result, this auto sector stock is in focus.
Lodha Developers: This real estate sector company's residential property bookings increased by 25 percent in the December quarter. After this news came out on Tuesday, investor interest has increased.
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Godrej Consumer Products: This company's domestic demand has increased in the third quarter of the current financial year. This demand increase is due to GST rate reduction and easing of the inflation situation. Therefore, experts also advise keeping an eye on this stock.
(Ei Samay Online does not provide investment advice anywhere. Investment and trading in the stock market or any field involves risk. Proper study and expert advice are advisable beforehand. This news is published for educational and awareness purposes.)
