At 12.30 pm on Monday 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. 

Welspun Corp, HP Cotton Textile Mills, and Dish TV are Monday’s mid-day movers. 

You might be wondering why this stock requires special attention in the near future! Don’t worry, we’ll discuss the same in this article itself! 

One of the top gainers on Sensex today is Sterling Tools, followed by Gensol Engineering, which surged 9.46 per cent & 8.91 per cent, respectively. Meanwhile, the shares of Steel Exchange India were locked in the upper circuit as the stock jumped 4.97 per cent. The share of Enkei Wheels reached a fresh 52-week high, gaining 2.2 per cent.  

For two consecutive trading sessions, markets have had a gap-up opening, indicating some degree of bullishness. In this post, we have identified the top stocks experiencing price volume breakout.

Welspun Corp Ltd, one of the largest welded line pipe manufacturers in the world, has jumped over 3.6 per cent today from its previous close of Rs 213.05 as the company has received various orders to be executed from India and the USA across the Oil & Gas and Water sector, of about 47,000 MT amounting to around Rs 600 crore.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 1.62 per cent. 

Bank Nifty may open positive. After an hour, if it trades above 33,840, it’s a positive sign that may test 34,340.

The stocks, which are trading around 1-2 per cent of their previous month’s high, are likely to trend stronger in the short to medium term.  

 Highest put option open interest contract was added at a strike price of 14500 for expiry on June 30.