Shares of Apollo Micro Systems hit the high circuit even as the market trades in the red area | View the details here

On technical parameters, Apollo Micro System stock price is trading higher than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages.

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New Delhi: Shares of Apollo Micro Systems reached a high of 5 percent on Monday, February 26. The counter opened at Rs 135.20 and touched the day’s high at Rs 140.50 – a gain of 5 percent over the previous closing price of Rs 133.85.

The stock has risen in value over the past four days, outperforming the sector by 4.62 percent. On technical parameters, Apollo Micro System stock price is trading higher than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages.

Apollo Micro Systems stock, which has a market capitalization of Rs 3,967, has a 52-week high of Rs 161.75 and a 52-week low of Rs 24.63.

Meanwhile, the stock market started trading negatively today with both the Sensex and Nifty opening in the red.
The Sensex fell 152.66 points to start the day at 72,990.14, while the Nifty fell 51.55 points to open at 22,161.15. Market sentiment remained subdued with 16 Nifty companies advancing while 34 declined.

The gainers on the Nifty were Power Grid, Cipla, Dr Reddy, Adani Enterprises and LT, while Asian Paints, Titan, HDFC Life, LTIMindtree and Tech Mahindra emerged as the biggest losers.

In terms of global markets, the US stock market had a mixed session on Friday, with the Nasdaq Composite and the S&P 500 seeing slight declines, while the Dow Jones Industrial Average rose higher.

The US Dollar Index was marginally higher at 103.97. Meanwhile, West Texas Intermediate (WTI) and Brent crude oil prices witnessed marginal declines, trading at $76.32 and $81.48 respectively.

In Asia-Pacific trading, markets posted a mixed performance, with the Asia Dow up 0.25 percent, the Nikkei 225 in the green up 0.39 percent, the Hang Seng index down 0.10 percent and Shanghai Composite rose 0.55 percent.

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