Don't miss these top 4 trending Stocks zoomed more than 7 per cent on Wednesday
Top Trending Stocks in a Volatile Market - Greenlam, Orbit Exports, Reliance Chemotex, and Gravita India Shine Amid Market Turbulence
The stock markets had a bad day, with both Nifty and Sensex falling by 0.5% each before the US Federal Reserve meeting. Even smaller company stocks, such as Midcaps and Smallcaps, didn't perform well, with a 0.3 per cent and 0.1 per cent drop, respectively. More stocks declined compared to those that advanced, favoring the sellers in the NSE500 index. The following shares managed to outperform the markets and should be on investors' watchlist:
-
Greenlam Industries Limited: The shares of Greenlam Industries Limited gained by more than 10 per cent on Wednesday. The price volume breakout in Greenlam Industries Limited after a long consolidation may attract buyers in Thursday's session.
-
Orbit Exports Limited: Orbit Exports Limited stock reached its highest price in the past 52 weeks, which was Rs. 225. This stock also experienced a significant increase in trading activity, with the trading volume being more than 15.43 times higher than usual. Bullish technical and price volume breakouts may attract buyers to Orbit Exports Limited on Thursday.
-
Reliance Chemotex Industries Limited: The stock of Reliance Chemotex Industries Ltd. reached its highest price in the last 52 weeks, at Rs. 268.65. Additionally, there was a significant increase in trading activity, with the trading volume being more than 14.72 times higher than usual on that day.
-
Gravita India Limited: The shares of Gravita India Limited saw a price volume breakout on Wednesday. Gravita India Limited is in a strong uptrend. Ever since the stock gave a breakout from the Rounding Bottom chart pattern, it has been witnessing buying momentum. The shares of Gravita India Limited closed near their all-time highs on Wednesday. A high level of momentum is possible in Gravita India Limited shares on Thursday, and hence it should be on investors' radar.
Disclaimer: This article is for informational purposes only and is not investment advice.
DSIJ's DSIJ's ‘Mid Bridge’ service recommends well researched mid-cap stocks for smart investing. If this interests you, do download the service details here.