Market WRAP: Nifty closes above 18,100; Sensex soars 150 points as metals and PSU Banks shine
Market WRAP: Nifty closes above 18,100; Sensex soars 150 points as metals and PSU Banks shine

Market WRAP: Nifty closes above 18,100; Sensex soars 150 points as metals and PSU Banks shine

Adani Enterprises (6.78 per cent), Vedanta (6.29 per cent) and Hindalco (4.92 per cent) were some of the prominent names that lifted the sentiment.  

DSIJ Intelligence Article rating: 4.3

Indices roared in the last hour as strong short covering rally ahead of the weekend pushed Nifty above 18,100 levels. Nifty jumped 0.41 per cent while Sensex surged 120 points.

Shares below Rs 100: Only buyers were seen in these stocks on November 04!
Shares below Rs 100: Only buyers were seen in these stocks on November 04!

Shares below Rs 100: Only buyers were seen in these stocks on November 04!

The top low-priced gainers on the BSE that experienced strong buying were Gian Life Care, Cerebra Integrated Technologies and Indsil Hydro Power and Manganese.

DSIJ Intelligence Article rating: 4.1

The top low-priced gainers on the BSE that experienced strong buying were Gian Life Care, Cerebra Integrated Technologies and Indsil Hydro Power and Manganese.  

  

Five stocks witnessing long unwinding
Five stocks witnessing long unwinding

Five stocks witnessing long unwinding

Long unwinding refers to selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness.

Vardan Pandhare Article rating: 3.3

Following are the stocks where profit booking is seen taking place in the F&O segment.

This stock jumps over 10 per cent making a long-term trend reversal pattern
This stock jumps over 10 per cent making a long-term trend reversal pattern

This stock jumps over 10 per cent making a long-term trend reversal pattern

Despite the fact that Nifty 50 is trading flat with a bearish bias, this stock is up more than 10 per cent today. On weekly charts, it formed a long-term trend reversal pattern. Continue reading to learn more about this stock.

DSIJ Intelligence Article rating: 3.8

Despite the fact that Nifty 50 is trading flat with a bearish bias, this stock is up more than 10 per cent today. On weekly charts, it formed a long-term trend reversal pattern. Continue reading to learn more about this stock.

Five stocks witnessing short covering
Five stocks witnessing short covering

Five stocks witnessing short covering

Short covering refers to buying back borrowed securities in order to close out an open short position at a profit or loss.

Vardan Pandhare Article rating: 4.7

List of the stocks where sell positions are being covered in the F&O segment.

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