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Momentum Stocks: Thermax, Finolex Cables, Netweb, Natco Pharma hit 52-week high; Sterlite Tech at circuit
A few stocks saw sharp intraday moves and hit upper circuits. Sterlite Technologies, Indo Tech, Lux Industries, Norben Tea, Visa Steel, MSP Steel were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.
Trade Spotlight: How should you trade Allied Blenders, Aegis Logistics, GMR Airports, Equitas Small Finance Bank, Netweb Tech, and others on June 15?
The market is expected to extend its bullish momentum further, given the improving technical indicators. Below are some short-term trading ideas to consider.
Taking Stock: Nifty above 24,050, Sensex rises 347 pts as rally enters fourth straight day
More than 120 stocks touched their 52-week high on the BSE, including Data Patterns, Yes Bank, KEI Industries, Kirloskar Oil, Nuvama Wealth, Polycab, CG Power, Aegis Logistics, Himadri Speciality, IFCI, Varun Beverages, JK Bank, Pidilite Industries, Federal Bank, Netweb, Bandhan Bank, among others.