On Wednesday, in a tight competition between bulls and bears, the bears finally showed a winning streak and the benchmark indices closed higher. For the domestic market, the major event investors are eyeing this week is the RBI’s policy meeting outcome. 
 

The stock zoomed in the limelight on the possibility of a partial stake sale by its promoter Ajay Singh who holds 59.4 per cent of the equity capital of the company. The company’s poor financial standing makes a strong case for urgent funding to maintain its operations. 

The export-oriented sectors like information technology and pharmaceutical stocks perform well. However, this time around, there is another sector that has caught investors’ interest.   

On the options front, the 17,300 PE (August 4 Series) option saw maximum addition for the day i.e. nearly 25 lakh shares were added at this strike price, which took the total open interest at this strike above 72 lakh shares. Meanwhile, on the CE side, maximum open interest was seen around 17,500 strike price

The hospital business, in the next 3-4 years, would quadruple from its present level with the existing bed capacity and without the projected addition of additional facilities, asserts Shanay Shah, President, Shalby Ltd. 

The company’s EBITDA figure showcased a staggering YOY growth of 1836 per cent

In early trade, Nifty 50 was trading in the green at over 17,300 levels, ahead of the RBI's MPC session. In this post, we have highlighted the top stocks experiencing a price volume breakout.

At 12:35 pm, the S&P BSE is at 57,960.35 a decline of 176.01 points or 0.30 per cent and all indices except BSE Information Technology are red this stock is Wednesday’s mid-day mover. 

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 112.39 points or 0.19 per cent. 

Over the last five years, its net earnings have risen at a rate of 86.99 per cent while the stock climbed more than 548 per cent.