After a day's holiday, they can remain in the uptrend on Friday as well. Let's see which are those stocks which can see a rise in Friday's market.
Stock specific action is going on in the stock market. The market was sideways before the long weekend. Due to the short weekend this week, not much movement is being seen in the market. The market can remain sideways on Friday as well.
However, stock specific action was seen in the market on Wednesday and during this time there were some Penny stocks which saw a rise of up to 20 percent. These stocks are in uptrend and after a day's holiday, they can remain in the uptrend on Friday as well. These stocks are in uptrend and after Wednesday's rise, they can remain in the uptrend on Friday as well.
In the last one year, the Bombay Stock Exchange Mid Cap Index has increased by more than 53 percent. Due to the rise of more than 50 percent in the mid cap index, the fortunes of many investors have changed. During the last one year, multibagger Oil India, Indian Railway Finance Corporation Limited (IRFC), Trent Limited, Bharat Heavy Electricals Limited (BHEL) and Oracle Financial Services Software Limited were the top gainers of the mid cap index.
Let's see which are the stocks that can see a boom in Friday's market.
Palco Metals Limited
Palco Metals Limited saw a boom of 20 percent on Wednesday and closed at the level of Rs 95.58. This stock may continue to rise on Friday as well. Buyers remain in this stock and it may remain in uptrend in future as well.
CIAN
In Wednesday's market, CIAN shares closed at Rs 63.38. During this period, this stock gained 20 percent. This stock may continue to rise in future as well and its bullish sentiments may continue.
Ashiyan Ispat's
Ashiyan Ispat's stock saw a rise of 20 percent in Wednesday's market and closed at Rs 46.11. Buyers are taking interest in this stock, so the rise in this stock may continue. The prices of this stock may increase in Friday's market.
Ildeswiss Financial'
Ildeswiss Financial's shares saw a rise on Wednesday and closed at Rs 85.77 with a rise of 15 percent. Buyers remain in this stock and it may remain in uptrend on Friday as well. Buyers' interest may remain in this stock.
KMAN
KMAN's stock witnessed a surge in Wednesday's trading session and closed at Rs 20.4 after rising 15 percent. This stock may also show a surge in the coming sessions. The bullish sentiments of this stock may continue.
BHEL share
After this, government-owned Bharat Heavy Electricals Limited (BHEL) has also given multibagger returns to investors. It has given a profit of 185 percent during the 12-month period. BHEL shares have registered a huge jump due to increasing power demand in the country, economic activity and capital expenditure initiatives by the government and expenditure by the railways.
Oil India
The prices of Oil India, a company owned by the Ministry of Petroleum and Natural Gas of the Government of India, have increased by 257% during the last one year, giving multibagger returns to investors.
IRFC
After this, the shares of government-owned company Indian Railway Finance Corporation (IRFC) have grown by 251 percent, which has made investors rich in a period of one year.
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