The benchmark indices ended higher for the second consecutive day on the back of positive global cues. A lowering of FII selling made the domestic market comfortable in squeezing volatility. RBI’s upcoming policy meeting will be the key driver in the market, where they are expected to announce an additional policy rate hike of 25-35 bps.

BSE Smallcap index performed at par with broader markets, ending in the green territory at 25,621.57 with gains of 1.20 per cent.

This summer the heat is on as the stocks are rocketing sky high amid earnings season! Jindal Poly Films has been no exception. The stock has hit the upper circuit of 20 per cent from its previous close of Rs 907.20. The trading is halted at Rs 1,088.60. The high-spirited bullish trend was driven by its robust Q4 results.

BSE Sensex closed at 54,884 levels, zooming by 632 points.

Indices close higher while Nifty ended above the 16,350-level. It has closed at the day’s high, climbing 1.13 per cent.

A sea of green is being witnessed in the markets on Friday as Nifty attempted to get over the major resistance level of 16,400. The European markets are in green while Dow Jones Futures is trading with mild gains. 

Eros International Media Ltd, Aurum PropTech Ltd, and Delhivery Ltd are today’s mid-day movers.

 Our scanner identifies such stocks that have witnessed fallen volatility along with a higher chance to break Bollinger Band in either direction.  

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.  

A falling market frequently leads to lower valuations. This is an excellent chance for investors to purchase growth stocks at a discount. Continue reading to learn more.