Breakout Stocks: How Mazagon Dock, Bharat Dynamics and Polycab are looking on charts for Wednesday

Breakout Stocks: How Mazagon Dock, Bharat Dynamics and Polycab are looking on charts for Wednesday

Indian stock market closed in the green for the second straight day on Tuesday. The S&P BSE Sensex rose more than 270 points while the Nifty50 reclaimed 19400 levels. Sector-wise, buying was seen in telecom, capital goods, consumer durables, and power stocks while selling was visible in metals and banks. Stocks that were in focus … Read more

Defence stocks rally up to 20% on strong growth prospects

Defence stocks rally up to 20% on strong growth prospects

Shares of defence companies were buzzing in Tuesday’s trade, with Premier Explosives leading the rally on favourable growth prospects, backed by robust order book and healthy pipeline. While Premier Explosives was up nearly 20% in intraday trade, Bharat Dynamics and Zen Technologies rose 15% and 13%, respectively. Mazagon Dock Shipbuilders, on the other hand, was … Read more