HFCL has transitioned from a base breakout to a momentum extension after a sharp rally, says Harshal Dasani of INVasset PMS. The stock has broken past its earlier 52-week high zone, signalling strong momentum, but analysts caution the easy phase of the breakout may be over. The next pullback will help indicate whether buying is institutional or a short-term squeeze.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major