In this article, we shall deep dive into how it happened and what measures one needs to take to avoid such freak trades. Now comes the most important question which has been raised by many traders after such incident, ‘How one should handle this freak trade?'

Several IT biggies are trading at life highs while we find that there are at least 51 stocks that have more than doubled in 2021 alone.

BSE Utilities index and BSE SmallCap index gained by more than 51 per cent each while BSE Information Technology, BSE Power and BSE Industrials index gained by more than 40 per cent each in 2021, so far.

BSE Healthcare index however has performed inline with the frontline indices; has strengthened by little over 21 per cent on YTD basis.

If we say that a company has a wide moat, we refer to it as that the company enjoys a unique edge over peers in the same industry. Here is a detailed list of the moat stocks which made a fresh all-time high on Thursday.

BSE Healthcare index was the worst performing sectoral index, down by 0.77 per cent in the past one week.

Dish TV owes Rs 6000 crore to Yes Bank. According to Yes Bank the current board is not fit to run the company and hence it is demanding an overhaul of the board of directors. Yes Bank intends to replace the current directors with its own list of directors. 

JITL Infralogistics is micro-cap company with market cap of about Rs 256.85 crore. As the stock price has jumped more than 12-fold in less than a year, the PE for the stock is astronomical at 1422 as per the BSE website. The financial performance of the company has improved slightly even as the debt has reduced significantly.

We find that at least 38 stocks from various sector more than doubled in the past one month.

Taking cues from the positive announcements from the GOI and the launching of PLI scheme for the textile sector, several textile sector related stocks are seen buzzing on bourses.