The shares of the company was up today by more than 4 per cent

This combination of growth potential and consistent dividends make high dividend yield stocks a winning choice for investors seeking lower volatility in the equity market. Such companies are typically more established and have a history of stable earnings and cash flows, making them a safer investment option.

On Friday, the Sensex gained by 909.64 points to close at 60,841.88, while the Nifty 50 increased by 243.65 points to close at 17,854.05

On Monday, the Sensex increased by 319.90 points to close at 60,941.67, while the Nifty 50 gained 90.90 points to close at 18,188.55

As per one of the studies undertaken in the USA, it was observed that capital gains accounted for only 53 per cent of all shareholders' gains whereas the other 47 per cent was generated from dividend payoffs.   

The global indicators favoured bears as most Asian as well as Western markets were trading over concerns of rising geopolitical tension between the US and China.  

At 11.30 am on Wednesday, the core equity indices i.e., Sensex & Nifty 50 were trading higher by almost 1 per cent each as the dollar rose higher and the IMF cut the growth forecast by almost a per cent, owing to the effects of the ongoing war in several countries.

At 11 am, the core equity indices i.e., Sensex and Nifty 50 were trading flat amidst mixed global cues. The Asian markets plunged due to a fall in the technology stocks as well as the surge in COVID-19 cases.  

At 11.30 am, the core equity indices i.e., Sensex & Nifty 50 were still trading 2 per cent lower as the markets crashed at the time of market opening on Monday amidst higher dollar appreciation and rising crude oil prices

At 10.30 am on Tuesday, the core equity indices i.e., Sensex and Nifty 50 fell by almost a per cent each, owing to the persistent geopolitical tensions coupled with rising supply chain difficulties in China.  

On Tuesday morning, the markets opened on a lower note amidst weaker global cues. Asian markets are down, owing to the supply chain disruption caused due to the lockdown restrictions in China.  

At 1 pm on Monday, the core equity indices i.e., Sensex and Nifty 50 were trading marginally lower amidst weak global cues.

At  noon on Friday, the core equity indices i.e., Sensex and Nifty 50 were trading higher as RBI kept the policy rates unchanged in the bi-monthly policy meet. The monetary policy stance remains accommodative as the repo rate also remains unchanged at 4 per cent. 

On Thursday, the benchmark indices ended lower for the third consecutive session, ahead of the RBI policy outcome on Friday. 

Going forward, we believe that stock-specific action would continue in the market. Hence, we have come out with a list of stocks that got featured in the T20 breakout system.   

Considering the fact that the bulls are now fully charged up, we have curated a list of stocks that meet the criteria of the T20 breakout system. So, here is the list of stocks: 

IDFC Ltd has been trading downward in a range-bound fashion for almost 13 years. So, is it all set for a multi-year breakout? Let’s find out.