Shares of NBFC company Mufin Green hit new 52-week high | View the most important details here
The American stock markets ended with mixed feelings on Friday. The global oil benchmark for Brent crude rose 0.51 percent to USD 83.98 per barrel.
Stock market news: Shares of Mufin Green Finance Ltd hit a new 52-week high on Monday, January 29, 2024. The counter rose by 5 percent as soon as the trading session started and reached the level of Rs 219.25, which is also the circuit high, on the BSE.
The non-banking finance company (NBFC) scrip has appreciated in the past seven days and has risen 33.49 percent during the period. It has outperformed the sector by 3.65 percent.
Shares of Mufin Green Finance Ltd, with a market capitalization of Rs 3,310 crore, are trading higher than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages. The stock's 52-week low is Rs 34.19.
Meanwhile, benchmark stock indices recovered in early trade on Monday along with a rally in Asian markets and buying in blue chip companies HDFC Bank and Reliance Industries.
The 30-share BSE Sensex rose 503.47 points to 71,204.14 points in early trade. Nifty climbed 178.55 points to 21,531.15 points. Among Sensex companies, Sun Pharma, Axis Bank, Kotak Mahindra Bank, Power Grid, Larsen and Toubro, NTPC, ICICI Bank, HDFC Bank and Reliance Industries were the biggest gainers.
JSW Steel, Infosys, ITC and Mahindra And Mahindra were among the laggards. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong traded in the positive territory.
The American stock markets ended with mixed feelings on Friday. The global oil benchmark for Brent crude rose 0.51 percent to USD 83.98 per barrel. The markets were closed on Friday due to Republic Day.
On Thursday, Sensex fell 359.64 points or 0.51 percent to settle at 70,700.67 points, while Nifty fell 101.35 points or 0.47 percent to 21,352.60 points. Foreign institutional investors (FIIs) offloaded shares worth Rs 2,144.06 crore on Thursday, according to stock market data.
Disclaimer: The article is for information purposes only and not for investment advice.