25 stocks from S&P BSE PSU index are trading between 10% and 37% lower from their 52-week highs. Leading this trend is SJVN, which has witnessed a significant decline over the last two trading sessions, tumbling by 24%.
Vedanta shares advanced 4.14 per cent to Rs 262.60. Tata Steel shares were up 3.77 per cent at Rs 135. Coal India, JSW Steel, JSL and Jindal Steel gained up to 3 per cent.
Chambal Fertilizer & Chemicals has given a huge upside spike of 7% on December 6, 2023, adding a significant amount of percentage change in the open interest seen on the option chain data. Technically the setup is coming near its important resistance zone along with the RSI being in the overbought space.