Select mid-cap stocks that are trading up while markets are down
DSIJ Intelligence / 13 Oct 2016
Markets as represented by Sensex are trading down on Thursday and select mid-cap stocks are trading green viz., DCW, Aban Offshore, TBZ and Coramandel International.
Markets as represented by Sensex are trading down on Thursday and select mid-cap stocks are trading green viz., DCW, Aban Offshore, TBZ and Coramandel International.
Sensex is down by almost 250 points at 27832 levels on an intraday basis. DCW is up by 2.36 per cent at Rs 36.80 per share, Aban Offshore is up by 2.76 per cent at Rs 260.50 per share, TBZ is up by 1.67 per cent at Rs 88.36 per share , Coromandel International is up by 1.83 per cent at Rs 267.50 per share.
These stocks are momentum stocks that have been gaining ground in past few sessions. Momentum traders can expect to gain by focusing on these stocks as these mid-cap stocks are trading up even as BSE Mid-cap index is trading down by almost 0.84 per cent on an intraday basis.
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