Easun Capital Markets Achieves 40% Monthly Gain Amid Strong Buying Activity

Easun Capital Markets Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, is witnessing significant buying activity, with the stock gaining 4.99% today. This performance stands in stark contrast to the Sensex, which has seen a slight decline of 0.05%. Over the past week, Easun Capital Markets has surged by 15.40%, while the Sensex has dropped by 0.82%.
In the last month, the stock has increased by an impressive 40.14%, compared to a 0.60% decrease in the Sensex. Notably, Easun Capital Markets has shown consistent growth, with a 10.21% rise over the last two days alone. The stock opened today with a gap up at Rs 61.66 and reached an intraday high of Rs 61.66, maintaining this price throughout the trading session.

Easun Capital Markets is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock is also close to its 52-week high, just 4.95% away from Rs 64.71. This robust performance may be attributed to various market dynamics and investor sentiment surrounding the NBFC sector.