Shares of Rossell India rallied 16 per cent to hit an all-time high of Rs 371.80 on the BSE amid heavy volumes
At 09:15 AM, around 38.99 million shares representing 1.2 per cent of total equity of Axis Bank changed hands on the BSE, the exchange data shows.
The stock hit over three-year high of Rs 65.45, after rallying 13% on the BSE in Wednesday's trade, on the back of heavy volumes.
Sunflag Iron and Steel soared 18 per cent to hit a record high of Rs 118.90 on the BSE in Tuesday's intra-day trade, extending previous two-week rally on the back of heavy volumes.
In the past one month, NTPC has outperformed the market by surging 22 per cent on expectation of strong power demand. In comparison, the benchmark index was down 1.3 per cent.
These five stocks are buzzing in trade today on the back of a spurt in volumes. Here are the key levels you need to watch out for.
Avoiding markets is not a good idea. One should stay invested and selectively look at quality stocks and exit the weaker ones, he advises
Price-action and candlestick patterns rely more on the volume distribution
The norms are being implemented in phases starting December 2020
Revenues during the same period have grown from Rs 760 crore to an estimated Rs 1,330 crore for this financial year
In OBV indicator, a positive close candle volume is added cumulatively and negative close volume is subtracted to determine the trend
The cash market turnover stood at Rs 66,365 crore, against the daily average turnover of Rs 73,560 crore for November
Based on market-wide analysis, here are some stocks that are showing a volume breakout on the charts on Monday
Turnover in cash market segment doubles in June after increased interest from young investors
If the Nifty Bank index stays below 2,600 level for another week, then a major breakdown may lead to a long term bearishness, tech charts suggest.
With the benchmark indices registering new highs in May, share trading activity also seems to be gathering pace. Average daily turnover in the derivatives segment for the month stood at a record high of Rs 5.31 lakh crore. Daily cash turnover at Rs 34,800 crore, saw a 21 per cent jump over the previous month and was slightly below March's record of Rs 38,424 crore. Turnover in March was higher due to transfers by promoters between themselves, a restructuring to save on tax.High turnover in both the derivatives and cash segments, despite stocks scaling new highs, are a sign of conviction in the rally, say experts. The benchmark Sensex on the BSE gained four per cent in May. Market players say the high trading volumes are driven more by institutional investors. Growth in retail (individuals') turnover was flat in May.Changes in tax treaties have led to more participation of foreign institutional investors (FIIs) in the derivatives segment. This is leading to the high volumes in the ...