The frontline index S&P BSE Sensex opened in green today. Within the first 15 minutes of the day, it made a gain of 0.25 per cent. 

As the adage goes ‘A picture is worth a thousand words’, it is no different for a price action trader.

Going ahead, the stock selection is going to be of paramount importance and hence, we have chalked down a list of stocks that are likely to outperform. 

As bulls took charge of today’s session, Metal and Realty emerged as the biggest gainers among sectoral indices. At the closing bell on May 20, the Sensex closed with significant gains of 3 per cent or 1582.93 points to close at 54,375.16, while the Nifty index gained 2.9 per cent or 456.75 points at 16266.15. 

 Welspun Corp, JK Lakshmi Cement and Nava Bharat Ventures witnessed positive action in today’s session.  

After starting the week on a cheering note to falling in the middle of the week, the benchmark indices again rose on Friday to end the week higher. Following global cues, the Indian equity markets witnessed substantial volatility where Sensex 30 & Nifty 50 zoomed between 2 and 3 per cent.

Highest put option open interest contract was added at a strike price of 16000 for expiry on May 26. 

The current market sentiments are affected by factors such as rising inflation, aggressive monetary tightening, the Russia-Ukraine war, rising cases of COVID-19, and the rise in the crude price. In the last one month, the benchmark indices have fallen over 5 per cent whereas India VIX jumped 23.35 per cent, depicting hefty volatility. 

BSE Smallcap index climbed 2.13 per cent to close at 26,351.29.

Despite the current supply challenges, KPIT Technologies has been consistently investing in newer technologies and exploring new frontiers. In this interview, Priya Hardikar, Senior Vice President and Head Corporate Finance and Governance, elaborates about the growth strategy of the company. 

The indices soared, thanks to the gains in the index heavyweight - Reliance Industries and HDFC twins.