BSE Sensex gained 273.67 points, or 0.42 per cent, to end at 65,617.84, while NSE's Nifty50 gained 92.30 points, or 0.48 per cent, to close at 19,448.20 for the day.
A short build-up was seen in 79 stocks, including Aarti Industries, Dalmia Bharat, Atul, Laurus Labs and Jubilant Foodworks. An increase in OI along with a price fall indicates a build-up of short positions
Patience can sometimes result in stupendous rewards on the stock markets, as investors in Jyoti Resins & Adhesives would know. Its stock price has risen 5,281 times in 2 decades
So far in 2023, both Nifty and Sensex have risen marginally. Amid volatility, some stocks including HAL, BDL have touched multi-year highs. Watch this Visual Story to check stocks that have risen over 170% in the last one year, and have given 5-year breakouts.
Elecon Engineering is looking lucrative on technical fronts. Technically, it is bouncing back from a 38.2 percent retracement of the previous rally. It has witnessed a breakout of the triangle formation with strong volume, which suggests much more potential upside in this counter.