The market traded on a volatile note in the last five trading sessions. Even then, there are four stocks from the BSE500 pack that continuously moved higher in each of the trading sessions. In market parlance, this is known as concurrent gains. It would be prudent to look at such stocks which saw such positive momentum. Take a look. (Data Source: ACE Equity)
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.