DSIJ Mindshare

Au Small Finance Bank Jumps 14 per cent, here's why and key triggers to watch out for!

This approval removes a key overhang and as a result, the stock has jumped nearly 14 per cent in the first trading hour of the session on Thursday.

Karan Dsij 0 736 Article rating: 4.0

Interestingly, with the strong up-move on Thursday, the stock has logged a fresh 4-month high and volumes have been humongous thus far. It has been the highest single-day volume since May last year. This indicates that market participants have been eagerly waiting for a positive trigger for the stock.  

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