These stocks are likely to be in focus on October 26
The BSE Sensex with the help of banking majors managed to close in green on Monday. SBI, Axis Bank and ICICI Bank made afresh 52 weeks high on Monday even as the Nifty Bank index traded at all-time highs. Bank of Baroda gained by more than 2% in today's trade.
ICICI Banks, Axis Bank, ONGC, MRPL, Shopperstop, KEC, PVR, Torrent Pharma, Quess Corp, S H Kelkar & Company, City Union Bank, Blue Star, Minda Industries and Chennai Petro will be in focus on Tuesday, October 26.
Watch out for these stocks on Tuesday -
ICICI Bank: The shares of ICICI Bank gained by more than 10% on Monday. The stock of ICICI Bank displayed a gap up opening and managed to outperform with a huge spurt in volumes. The banking heavyweight managed to close at its all-time highs on Monday and will be in focus on Tuesday.
Axis Bank: The shares of Axis Bank managed to close at an all-time high on Monday. The shares gained by more than 3% on Monday with a spurt in volumes by 3 times. Axis Bank will be watched on Tuesday by the momentum traders and investors.
ONGC: The shares of ONGC after a gap up opening continued to build their gains on Monday. The share price of ONGC jumped higher by 3%. The shares of ONGC gained by 2.77% with a spurt in volume of 1.58 times. ONGC may trade with a bullish sentiment on Tuesday, October 26. Keep a watch on this stock.
Price Volume Breakout: MRPL, Shopperstop, KEC, PVR, Torrent Pharma, Quess Corp, S H Kelkar & Company, City Union Bank, Blue Star, Minda Industries and Chennai Petro are some of the BSE 500 index constituents that displayed a price volume breakout in the Monday trading session. These stocks will be on the radar of bulls on Tuesday.
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