Affle 3i Shows Strong Momentum Amid Broader Market Gains and Bullish Sentiment

Affle 3i, a prominent player in the Computers - Software & Consulting industry, has shown remarkable performance today, gaining 3.62%. The stock is currently just 1.43% away from its 52-week high of Rs 1883.1, indicating strong momentum. Over the past two days, Affle 3i has delivered a cumulative return of 3.78%, outperforming its sector by 1.75% today.
The stock reached an intraday high of Rs 1856.6, reflecting a 2.94% increase during the trading session. Affle 3i is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend.

In the broader market, the Sensex opened higher at 82,574.55, gaining 385.56 points, and is currently trading at 82,438.74. The index is 4.29% away from its 52-week high and is trading above its 50-day moving average, indicating a bullish sentiment. Affle 3i's strong performance is further highlighted by its impressive returns over various time frames, including a 55.45% increase over the past year, significantly outpacing the Sensex's 7.48% gain.