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Nykaa was the third largest gainer in the Nifty500, rising more than 9 percent with robust volumes after breakout of horizontal resistance trendline adjoining multiple touchpoints. The stock traded above all key moving averages.
When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day.
Indian equity benchmarks were trading higher today. Sensex rose 26 points to 66,009 and Nifty gained 30 pts to 19,795. Here's a look at stocks that are buzzing in action today.
SBI, Axis Bank, ONGC, BPCL and Bajaj Finance were among the top losers on the Nifty, while gainers included SBI Life Insurance, HDFC Life, Apollo Hospitals, Larsen & Toubro and Hero MotoCorp.
Varroc Q2 FY24: Its consolidated revenue from operations was at INR 1886.8 crore, a growth of 2.9% on YoY basis, the company said.