Airline stocks traded mixed after jet fuel hits an all-time high. In the commodity market, yellow metal extends gains while silver tops Rs 61,000 on MCX. 

Let us find out which shares gained momentum on Thursday afternoon:

With a bearish bias, markets have been trading in a range. Regardless, several companies have achieved the golden crossing. Continue reading to learn more.

While the global economy is expected to slow down, dampening the prospects of a durable equity market rally in 2022, we find that there are several stocks, which have caught investors' attention with their extraordinary performance. 

In the morning trade, the major equity indices dramatically pared early gains. After falling for the last four trading sessions, the stocks of private banks witnessed some bargain buying. The shares of Ramco Systems jumped over 12 per cent. Besides, the shares of Pearl Polymers surged more than 8 per cent during today’s trading session.  

At 10.30 am on Thursday, the benchmark indices, i.e. Sensex and Nifty 50 were trading marginally higher as amicable commentary by US Fed Chairman Jerome Powell boosted sentiments. Reliance Industries, banks, and IT stocks led the rally. Sensex was at 54,465.28 level, up by 186.88 points or 0.36 per cent higher while Nifty was at 15,729.70 level, up by 37.55 points or 0.24 per cent. 

At the pre-opening bell today, the frontline index S&P BSE Sensex opened at a gain of 807 points or 1.54 per cent.

Bank Nifty ends its three-day losing streak on Wednesday and settled with minuscule gains of 0.08 per cent for the day.  

It was seen roaring like a lion post witnessing a parabolic rise from Rs 7.75 to the level of Rs 72. The stock has hit multiple upper circuits on the way up. It zoomed over 800 per cent in just a span of 47 trading sessions.

Activity in the F&O market for the weekly expiry tomorrow shows 15000 to act as support now.