Stocks to Watch: 6 BSE 500 stocks that gave positive closing on Thursday
As markets trade at fresh highs all eyes will be on the IIP data on Monday. On the macroeconomic front, investors will also be eyeing CPI inflation and WPI inflation on September 13 and September 14 respectively. The performance of auto and banking stocks will be watched closely this week.
Some of the BSE 500 constituents gave positive closing in Thursday trading session previous week. These BSE 500 stocks can be on your watchlist:
Marico, Bharti Airtel, Forbes & Company: These Three BSE 500 constituents made a fresh 52 week high on Thursday. All the three stocks managed to close at their day’s high on Thursday after breaking out of their previous 52-week highs, indicating buying interest in the counters.
Honeywell Automation India: The stock closed above the 200D SMA and 50D SMA in the previous week. The shares of Honeywell also managed to close near its day’s high on Thursday with decent volume.
Colgate Palmolive: The shares of Colgate Palmolive gained by more than 1 per cent in Thursday trading session. A bullish engulfing pattern was seen in Colgate Palmolive shares on Thursday.
JSW Energy: The shares of JSW Energy traded at fresh all-time highs in Thursday trading session. The stocks gained by ~5 per cent on Thursday to lock itself in the upper circuit. The stock is in a clear uptrend and traded higher on Thursday, to close at day’s high, after breakout out of short-term resistance levels.