Let us find out the reason behind the positive momentum in these stocks. 

The benchmark indices kicked off today's trading session on a decent note. At 12 pm, Sensex and Nifty were seen trading flat at 53,081.71 & 15,794 levels, respectively.

After data revealed that the US economy shrank for the quarter ended March 2022, the benchmark indices are trading with moderate gains, headed by financials, IT, and oil & gas equities.

At 11.30 am on Thursday, the headline equity indices, i.e. Sensex and Nifty 50 were trading significantly higher owing to positive global cues, as the markets seem to be recovering from losses of the past two weeks. 

Bharat Road Network Ltd (BRNL), a small-cap company engaged in building roads, and other civil constructions, has hit the upper circuit of 20 per cent today from its previous close of Rs 26.80, as the company has announced divestment in one of its ‘Associate’ company- Shree Jagannath Expressways Pvt Ltd (SJEPL). The company will be selling its entire stake of 40 per cent in this transaction for a sum of Rs 94.11 crore.  

An Indian company that manufactures bead wire and high carbon steel carbon wires, has delivered exceptional returns of 1440 per cent to its investors in the last 2 years.  

At the opening hour, the markets were trading in the green on June 30.  

Today, at the pre-opening bell, the frontline index S&P BSE Sensex opened in green at a gain of 324 points or 0.61 per cent.

Highest put option open interest contract was added at a strike price of 15700 for expiry tomorrow. 

Due to the risk of rising inflation, increasing central bank interest rates, and the global recession, many investors are not willing to take a chance of investing in the market.