Share Market Updates: Pre-budget rally has started in the stock market? Volume breakout of a set of stocks –

Share Market Updates: What happens if the budget rally starts? Many are saying that after seeing the stock market trend on Monday. The Nifty index closed at 17,859.45 on Friday.

There, the Nifty index opened at 17,952.55 on Monday. There have been volume breakouts in many stocks.

The Nifty index follows the trend of international stock markets. Wall Street indices were higher on Friday.

Because wage growth is low, there is hope that the US Federal Reserve may cut interest rates. That’s why the Wall Street index was up.

The Nasdaq Composite rose 2.56%, the Dow Jones Industrial Average rose 2.13% and the S&P 500 rose 2.28% on Friday.

share market

Monday, the first day of the week Nifty index is up.—Symbol photo. (Photo courtesy: Pixabay)

The Nifty 50 index was trading at 18,087.2 at 10:40 am on Monday. That is, the index will increase by 227.25 points or 1.28%.

Broader indices traded in the green zone. Quite in line with the main indicators. The Nifty Mid-Cap 100 index gained 0.9% and the Nifty Small-Cap 100 index gained 0.95%.

As of January 6 data, FIIs were net sellers and DIIs were net buyers.

Foreign Institutional Investors (FIIs) sold about Rs 2,902.46 crore worth of shares. Domestic Institutional Investors (DIIs) bought about Rs 1,083.17 crore worth of shares.

Below are the names of the stocks that have had volume breakouts.—

Stock Name CMP (Rs.) Change (%) Volume
Sigachi Industries Ltd. 354.5 7.9 3192640
KPIT Technologies Ltd. 749.2 4.5 3114804
Tata Motors Ltd. 390.8 2.3 4602626
Adani Wilmar Ltd. 586 3.1 1937269
HCL Technologies Ltd. 1058 2.4 1158870

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