Data Patterns Hits Day High with 8.23% Surge, Outperforming Sector

Data Patterns (India) has shown significant activity today, gaining 8.23% and reaching an intraday high of Rs 3020, reflecting an increase of 8.01%. This performance is notable as it outperformed the sector by 7.75%. The stock has been on a positive trajectory, marking five consecutive days of gains, with a total return of 15.46% during this period.
The stock opened with a gap up of 3.79%, indicating strong market momentum. In terms of moving averages, Data Patterns is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a robust short- to long-term performance trend.

In the broader market context, the Sensex is trading positively, currently at 84,526.05, just 0.9% away from its 52-week high. The small-cap segment is leading the market, with the BSE Small Cap index gaining 0.32%. Data Patterns' performance over various time frames further underscores its strong position, with a year-to-date increase of 22.02% compared to the Sensex's 8.12%.