Bank Nifty has formed a long-legged small body candle. After over 800 points of volatility, it failed close above the 8-EMA.

Highest put option open interest contract was added at a strike price of 14000 for expiry on June 30. 

The shares of Spandana Sphoorty have bounced 20 per cent from its 52-week low of Rs 288.75, which could signal a trend reversal as it puts an end to the long-drawn promoter–investor dispute. Investors should keep this stock on their radar as in the coming days the stock might witness an uptrend.  

Following the Asian market, the domestic indices opened on a positive note on Thursday. The markets cut some gains in the afternoon session but managed to remain in green.

Gensol Engineering Ltd is engaged in the business of solar consulting & EPC.

BSE Smallcap index climbed 1.18 per cent to cloe at 24,136.33. 

Indices closed higher amid volatility at the end of the day. Nifty bounced back sharply in the latter half of the session and closed higher by 0.93 per cent.

The board has also approved the enhancement of borrowing limits from Rs 500 crore to Rs 700 crore.

On Thursday afternoon as the market is trading flat, these auto stocks have rallied!