Volume Breakout Stocks: Wednesday’s market traded well, with volume breakouts in several stocks as well – mssewb.org

Volume Breakout Stocks: Nifty 50 started the day with positive trend on Wednesday. Because, the international stock market trend was positive. Accordingly, the Nifty index also started the day with an upward trend. Many stocks have had volume breakouts at his hands.

The Nifty 50 index opened the day at 17,924.25 on Wednesday. The Nifty index closed at 17,914.15 on Tuesday. But the Nifty index also advanced as international trends strengthened.

Wall Street indices closed in the green zone on Tuesday. Because, although US Federal Reserve Chair Jerome Powell spoke in Sweden, he did not utter a single word about the interest rate hike.

The Nasdaq Composite rose 1.01%, the S&P 500 rose 0.7% and the Dow Jones rose 0.56%. Hence, the Asian stock markets also followed the trend on Wednesday.

However, the Nifty 50 index showed a downward trend at 11:00 am on Wednesday. Due to which the index traded at 17,904 figures since the beginning of the day. That is 10.15 points or 0.06% has decreased.

share market

Wednesday’s volume break out is for multiple stocks.—Symbol Photo.

Broader indices again performed mixed compared to the main indices. The Nifty Mid-Cap 100 index declined around 0.07% and the Nifty Small-Cap 100 index gained 0.3%.

As of January 10 data, FIIs were net buyers and DIIs were net sellers.

Foreign Institutional Investors (FIIs) sold shares worth around Rs 2,109.34 crore and Domestic Institutional Investors (DIIs) bought shares worth around Rs 1,806.62 crore.

Below are the names of the stocks with volume breakouts.—

Stock Name CMP (Rs.) Change (%) Volume
Hindalco Industries Ltd. 487.2 2 4094384
Max Financial Services Ltd. 788.8 2.4 1590249
Bharat Petroleum Corporation Ltd. 354 1.9 1771595
Infosys Ltd. 1487.6 1.2 2295829
Adani Wilmar Ltd. 582 1.8 1023566

This article is powered by ‘Dalal Street Investment Journal’, India’s No 1 investment magazine. To be regularly updated about winning stocks and recommendations do join by clicking here.

Disclaimer : This above is third party content and TIL hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not guarantee, vouch for or endorse any of the above content or its accuracy nor is responsible for it in any manner whatsoever. The content does not constitute any investment advice or solicitation of any kind. Users are advised to check with certified experts before taking any investment decision and take all steps necessary to ascertain that any information and content provided is correct, updated and verified.

Leave a Comment