Will 'Brahmastra' revive bullish bias for PVR, Inox? Check what charts say

Despite the 15 per cent correction from record highs, touched in August, PVR and Inox Leisure have managed to sustain above their respective 200-DMAs

Shares of listed multiplex players recouped weekend losses,and were seen trading on a buoyant note so far on Monday. Inox Leisure surged 5 per cent and PVR gained 4 per cent intra-da. They were also among the top 20 most active stocks in the Nifty 500 index.

Earlier on Friday, both, Inox Leisure and PVR had plunged 5 per cent each after the Ranbir Kapoor, Alia Bhatt-starrer Brahmastra movie got off to a lukewarm start. However, according to various entertainment portals, the move did good business over the weekend and also garnered Rs 160 crore worldwide at the box office. After