REC Ltd, Shree Cement, Power Grid Corpn, Coal India, and Ashok Leyland show bullish trend in market
Today, REC Ltd, Shree Cement, Power Grid Corpn, Coal India, and Ashok Leyland have all shown a bullish to mildly bullish trend in the market. The largecap segment has been the best performer, with DLF leading with a return of 5.80%. The advance decline ratio for this segment is 11.62x, indicating a positive sentiment. The BSE 100 index has also shown a 1.69% increase, further reinforcing the bullish trend. Investors should keep an eye on the technical calls of these stocks and consider adding them to their portfolio.
REC Ltd, Shree Cement, Power Grid Corpn, Coal India, and Ashok Leyland. These stocks have shown a bullish to mildly bullish trend in the market today.REC Ltd, a leading power sector company, has been performing well in the market with a bullish trend. Similarly, Shree Cement, a major player in the cement industry, has been moving sideways to mildly bullish. Power Grid Corpn, a state-owned electric utility company, has also shown a bullish to mildly bullish trend in the market.
Coal India, the largest coal mining company in the world, has also been on a bullish to mildly bullish trend. And lastly, Ashok Leyland, a leading commercial vehicle manufacturer, has also shown a bullish to mildly bullish trend in the market.
In terms of performance, the largecap segment has been the best performer with DLF leading the pack with a return of 5.80%. On the other hand, Varun Beverages has been the worst performer with a return of -2.73%.
Looking at the advance decline ratio of the stocks in this largecap segment, we can see that 93 stocks are advancing while only 8 stocks are declining, with a ratio of 11.62x. This indicates a positive sentiment in the market today.
In the overall market, we have seen that the large cap (BSE 100) index has been up by 1.69% and has also shown a positive trend in the last 5 days with a 0.65% increase. This further reinforces the bullish sentiment in the market today.
Investors should keep an eye on the technical calls of the above mentioned stocks as they may continue to show a bullish to mildly bullish trend in the coming days. With the largecap segment being the best performer, it is a good time for investors to consider adding these stocks to their portfolio.
Our weekly and monthly stock recommendations are here
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