Stocks that bounce back 30% from day's low
Published on Wed, Jul 02 at 16:42 , Updated at Thu, Jul 03 at 10:20
Source : moneycontrol.com
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Markets started with choppiness but in late trade its show dramatic turnaround and bulls march ahead with vertical move. The Sensex has touched an intraday high of 13,712.31, which was the highest intraday absolute gain for Sensex since March 25, 2008. Realty, banking, metal, capital goods, technology, telecom, power and oil were sector which pulled the markets, especially realty stocks showed smart spurt. European markets also played key role in today's session.
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Bulls recharged on strong note. Sensex has gained 700 points in today’s trade after yesterday’s 500 points loss. In this bounce back lots of stocks like Ansal Properties, Edelweiss Cap, Nagarjuna Const, Shree Renuka, Praj Industries, Bank of India, PNB, Rel Capital, Reliance Infra, Sobha Developer, IVRCL Infras and Tata Power have shown astonishing surge from their today’s low. (S&P CNX 500)