During such an eventful day, the final hour of the trading is crucial to traders as a lot of action takes place just before the closing. Hence, for a trader, it’s important to keep note of such stocks, which have seen significant volumes during the final hour of the session.

The rally in small cap stocks is a global phenomenon not restricted to Indian market with S&P 2000 index turning out to outperform the blue-chip Dow Jones Industrial Average (DJIA), S&P 500 and tech-heavy NASDAQ composite in 2021.

As we speak, NASDAQ is making life highs for itself.

Stocks that are considered quality stock and available at reasonable valuation are expected to do well in markets.Quality stocks can be ascertained by their improving financials in terms of sales growth, net profit growth by retaining healthy profit margins – consistently. 

The profit after tax (PAT) stood at Rs 1,352.38 crore as against Rs 1,034.52 crore for the corresponding quarter of the previous year.  The Call option buyer saw their wealth surging multifold in a single day as the price of 165 Call option jumped over 900 per cent in a single day.  

BSE Sensex traded with weakness on Wednesday even as the broader markets marginally outperformed the frontline indices. BSE Consumer Durables was the only sectorial index that managed to close in green along with the BSE Auto index.

Dabur Limited has informed the bourses that today, it has commenced the construction of its largest, most modern, and environment-friendly manufacturing facility in Indore (Madhya Pradesh).

The level of 15,800 is going to be a strong barrier for the bulls to cross in the near term as 15,800 Call option has seen a massive addition in the open interest. Besides, nearly 44 lakh shares have been added in the open interest in 15,800 Call option strike.  

Interestingly, it moved out of counter-trend consolidation (symmetrical triangle pattern) with robust volumes. The 14-period RSI is in bullish territory and the stock is trading above its important moving averages.  

What is more striking is that we have witnessed only 90 minutes of trading on Wednesday but the volume activity is spellbound. The stock has registered volumes of more than 8.5 lakh shares, which is the highest in the last 20 trading sessions.