Price Volume breakout stocks: These stocks likely to be in focus on Monday!

The Indian stock market ended marginally higher on Thursday, June 25, supported by a sharp decline in crude oil prices and improving sentiment after progress in peace negotiations between the U.S. and Iran. The benchmark indices tracked gains across most Asian markets as Brent crude retreated to levels seen before the Middle East conflict.

The Nifty 50 opened nearly 100 points higher and extended gains during the session to touch an Intraday high of 24,261.60. However, profit booking in the second half erased most of the gains, with the index closing near the day's low around the 24,050 mark.

At the closing bell, the Nifty 50 settled at 24,056, up 34.35 points or 0.14 per cent. The Sensex gained 109.25 points, or 0.14 per cent, to end at 77,100.47. The Bank Nifty edged up 0.05 per cent and touched a three-month high, while India VIX declined nearly 2.5 per cent.

Top 3 price-volume breakout stocks:

Motherson Sumi Wiring India Ltd: Motherson Sumi Wiring India Ltd witnessed a price-volume breakout with a volume spike during the session. The stock touched a high of Rs 42 and was currently trading at Rs 41.03, up 8.49 per cent from its previous close of Rs 37.82. Trading volume stood at 22.79 crore shares, indicating increased market activity. The stock is trading below its 52-week high of Rs 53.59 and has delivered a return of 14.93 per cent from its 52-week low. The move was accompanied by higher volumes, reflecting strong participation during the day.

Relaxo Footwears Ltd: Relaxo Footwears Ltd recorded a price-volume breakout along with a volume spike. The stock hit an intraday high of Rs 423 and was currently trading at Rs 416, registering a gain of 12.75 per cent over its previous close of Rs 368.95. Trading volume reached 3.38 crore shares. The stock remains below its 52-week high of Rs 526 and has generated a return of 75.90 per cent from its 52-week low. The rise in price was supported by elevated trading volumes during the session.

Saksoft Ltd: Saksoft Ltd saw a price-volume breakout backed by a volume spike. The stock touched a high of Rs 163.88 and was currently trading at Rs 160.23, up 14.92 per cent compared to its previous close of Rs 139.43. Trading volume stood at 3.23 crore shares. The stock is below its 52-week high of Rs 253.99 and has delivered a return of 48.93 per cent from its 52-week low. The session's move was accompanied by higher volumes, indicating increased trading activity.

Following is a list of stocks with a strong positive breakout:

Disclaimer: The article is for informational purposes only and not investment advice.