Bharat Dynamics has rallied 10.32 per cent in the last one month. The stock has been buzzing early this month after bagging the Indian Army contract, hitting a fresh 52-week high of Rs 535.70 on February 4, the stock again came into the limelight after the meeting of the Defense Minister with senior company officials which gave positive signals. 

On Monday, the equity markets experienced panic and broader indices were down more than 3 per cent. The sell-off can be mainly attributed to Russia-Ukraine tensions. Almost all major indices across the globe were in red. 

All the sectoral indices ended in the red with auto, bank, oil & gas, PSU Bank, pharma, FMCG, metal, realty, and capital goods indices. 

With geopolitical tensions rising in Eastern Europe, the world would largely focus on this matter for some clarity over the situation.

Mirza International stock has rallied by leaps and bounds in times where broad markets Sensex and Nifty have tumbled by over 2.7 per cent.

While the S&P BSE Sensex is down by more than 2 per cent, Excel Industries Ltd witnessed a strong rally in its share price right from the start of the trading session.  

Gautam Adani, the 59-year-old business mogul, has become the richest person in Asia after massing a wealth of USD 12 billion in the last one year! 

Tai Industries is engaged in trading, marketing and distribution and retailing, in India, of 'DRUK' brand of fruit products such as squashes, jam, fruit juices, pickles, ketchup, etc. The company also carries on trading and marketing industrial and mineral products and raw materials such as calcium carbide, charcoal, manganese ore, etc. The company is among the top gainers on BSE intraday today and the stock has hit its 19.95 per cent upper circuit in the early trade session today after recording a strong set of Q3 numbers. 

While markets opened with a steep fall with a negative global cue, as of 12.30 PM, BSE 500 was 2.07 per cent up.  

Momentum investing is appealing, but can momentum funds replace other equity funds in a portfolio? Let us investigate.