Price Volume Breakout: Heavy buying seen in these stocks including IndusInd Bank Ltd, do not miss the opportunity to make profits

Mumbai: The Nifty 50 opened with a gain on Friday, the last trading day of the week, amid strong global cues in the stock market. Meanwhile, the Nifty 50 opened at 17,721.75 on Friday as against its previous close of 17,610.4. This was a result of strong global signals. Major Wall Street indices closed in the green on Thursday as big tech stocks such as Meta rallied amid tighter cost controls and share buybacks worth US$40 billion. The Nasdaq Composite fell 3.25%, the Dow Jones Industrial Average fell 0.11% and the S&P 500 gained 1.47% in overnight trading.

At 10:45 am, the Nifty 50 was trading at 17,585.85, down 24.55 points or 0.14% from its previous close. On the other hand, the broad market indices underperformed the frontline indices. Nifty Mid-Cap 100 Index and Nifty Small-Cap 100 Index have gained 1.55% and 1.37% respectively.

Despite a good budget, the market is still not derailed. It seems to have taken good support at its 200-day exponential moving average (EMA), but is still trading below its 20- and 50-day EMAs. Given below is the list of stocks which saw price volume breakout today.

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