DLF among 5 stocks that saw 5-year swing high breakout
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
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A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
Birlasoft, where mutual funds owned 20.31 per cent stake at the end of September quarter, is up 147.75 per cent this calendar. The stock closed at Rs 740.80 on Friday against December 30, 2022 closing value of Rs 299.
Stock market today: Sensex closed with a gain of 242 points, or 0.34 per cent, at 71,106.96 while the Nifty 50 ended the day 94 points, or 0.44 per cent, higher at 21,349.40.
While Accenture's latest growth guidance is indicating a subdued near-term outlook for the sector, fund managers and analysts said the US central bank's dovish tilt has reduced the risk of earnings downgrades. The next big trigger for the sector would be signs of deal wins by IT firms, they said.
The S&P BSE Sensex rose nearly 400 points while the Nifty50 closed above 21,300 levels on Thursday. The Nifty future closed positive with gains of 0.75% at 21376 levels.