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Au Small Finance Bank Jumps 14 per cent, here's why and key triggers to watch out for!
Au Small Finance Bank Jumps 14 per cent, here's why and key triggers to watch out for!

Au Small Finance Bank Jumps 14 per cent, here's why and key triggers to watch out for!

This approval removes a key overhang and as a result, the stock has jumped nearly 14 per cent in the first trading hour of the session on Thursday.

Karan Dsij Article rating: 4.0

Interestingly, with the strong up-move on Thursday, the stock has logged a fresh 4-month high and volumes have been humongous thus far. It has been the highest single-day volume since May last year. This indicates that market participants have been eagerly waiting for a positive trigger for the stock.  

 

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