Top 10 stocks to watch on November 3, 2023: Zomato, Asian Paints, RailTel Corp, Indigo Paints, Titan and more

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Share market outlook

"Investors cheered the US Fed decision in the backdrop of rising global uncertainty further worsened by the ongoing conflict in West Asia, higher inflation and strong FII fund outflows. Technically, confirmation of strength for Nifty only above the biggest hurdle at 19,289 mark, while support is placed at 18,939 mark," said Prashanth Tapse, Senior VP (Research) at Mehta Equities

Top stocks to watch on November 3, 2023

On the stock-specific front, Zomato, Asian Paints, RailTel, Indigo Paints, Titan, Interglobe Aviation (IndiGo's parent) and some other counters will be in focus today

Zomato

Shares of Zomato jumped 3.66% to close at Rs 107.50 in the previous trading session. The stock will be in focus today as the online food aggregator will announce its second-quarter (Q2 FY24) results

UCO Bank

Shares of UCO Bank rose 1.01% to end at Rs 37.84. The Kolkata-based state-owned lender will also declare its Q2 FY24 earnings today

Titan Company

Suzlon Titan Company shares gained 0.86% to settle at Rs 3,201.30 on Thursday. The company is also scheduled to report its Q2 results today

InterGlobe Aviation (IndiGo)

Shares of InterGlobe Aviation (IndiGo's parent) rose 2.92% to close at Rs 2,489.45. The airline will come up with its Q2 earnings today as well

Indigo Paints

Indigo Paints' shares settled with 0.38 per cent gains at Rs 1,428.60. The paint company will announce its Q2 earnings today

Other Q2 results today

In addition, companies such as Aeroflex Industries, IDFC, IEL, Godfrey Phillips India, GATI, Bayer Crop and Escorts Kubota which will announce their respective quarterly results today

Asian Paints

Asian Paints shares rose 0.69% to close at Rs 2,955.70. The stock will trade ex-dividend today. Asian Paints declared an interim dividend of Rs 5.15

NTPC

Shares of NTPC settled with 1.07% gains at Rs 235.20. The stock will also trade ex-dividend today. NTPC announced an interim dividend of Rs 2.25

RailTel Corporation

Shares of RailTel Corporation of India jumped 5.22% to close at Rs 232.75. The counter will turn ex-dividend today as well. RailTel declared an interim dividend of Re 1

Route Mobile

Shares of Route Mobile edged 0.36% up to settle at Rs 1,566. The stock will trade ex-dividend too. The company announced an interim dividend of Rs 3

Symphony

Shares of Symphony rose 0.83% to settle at Rs 841.65. The stock will also trade ex-dividend today. The dividend amount is Rs 2 per share

Disclaimer

Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Business Today. Investors should consult their financial advisors before taking any position