DSIJ Mindshare

Bulls in the small-cap sector had their hands full as the shares of Jubilant Industries as well as DFM Foods rallied and got locked in at a 20 per cent upper circuit. 

In fact, in the last two trading sessions, the sector gained nearly 4 per cent while on an MTD basis, it delivered an eye-popping return of 13.21 per cent and has been the show-stopper.

At 1 pm on Tuesday, the core equity indices i.e., Sensex and Nifty 50 were trading in deep red amidst the rising geopolitical crisis between Ukraine and Russia, with India officially preparing to send flights to repatriate its citizens safely. The Sensex was trading at 56,792.71 down by 890.88 points 1.54 per cent, while Nifty was at 16,941, down by 265.65 points or 1.54 per cent from the last trading session.    

Shares of Indiabulls Real Estate Ltd, M.M. Forgings Ltd and Balaji Telefilms Ltd have rallied in today’s trading session.  

While markets opened flat, as of noon, S&P BSE – 500 declined by 1.19 per cent. 

Indiabulls Real Estate Ltd gained more than 12 per cent  

Indiabulls Real Estate Limited is a holding company, which is engaged in the development of real estate projects and allied activities. The share price of the company has jumped 12 per cent in the first half of today's trading session after clarification on the ED investigation. The company clarified that the Enforcement Directorate (ED) investigation did not pertain to the company and has no bearing on the business and operations of the company. The stock hit a high price of Rs 116.90 and a low of Rs 104.60 during the session.  

One of the most important reasons for the popularity of candlestick charting is the pictorial representations of stock prices and the way the market information is displayed; so that, traders can use maximum information to his or her advantage.A bullish pro gap is a two-candle pattern wherein, the first candle is a red candle, which is followed by a green candle that opens within the red real body and closes over prior open.