The shares of CIAN Agro Industries, Indo Tech Transformers, HFCL, Ideaforge Technology and others more than doubled in the first 25 sessions of FY27 which began on April 1 this year. This came while benchmark index Sensex jumped 7% during the period, recovering some losses after the sharp selloff in March triggered by the skyrocketing oil prices and raging Iran-US war.
A short squeeze or sentiment rally? Here’s why SAIL shares surged 14% today
Shares of Steel Authority of India (SAIL) jumped 14% on Wednesday, driven largely by a short squeeze as traders with heavy bearish derivative positions were