BLS International share price jumps 9%: Can the recovery sustain? Check forecast by stock market experts
New Delhi, Oct. 15 -- BLS International Services share price jumped 9% on Thursday, 15 October, tracking a stock market rally as upbeat sentiment around the ongoing earnings season lifted investor appetite. Buying in IT and financial stocks, along with gains in Reliance Industries, supported the market's advance. However, hotter-than-expected US inflation data fuelled concerns over another Federal Reserve rate hike this year, limiting further gains in the broader market.
Despite Thursday's sharp rebound, BLS International Services shares have remained under pressure over the medium term. The stock has gained 5.60% over the past week and 4.86% in the past two weeks, but has declined 3.99% over three months, 22.88% over six months and 28.5...
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