Why Shakti Pumps shares are rising 11% today amid Sensex, Nifty rally? Buy for more returns? Target, upside, rationale
New Delhi, Nov. 11 -- Shakti Pumps shares surged as much as 11% in Wednesday's trading session amid positive sentiments on Dalal Street. The stock opened at Rs.359 per share today, as compared to previous close of Rs.355.80 on Monday.
It is to be noted that there is no fundamental trigger behind the significant rally in Shakti Pumps shares. The stock witnessed a spurt in its trading volume as around 95.32 lakh shares changed hands on NSE during the intraday session on Wednesday.
Meanwhile, Indian equity benchmarks, the Sensex and Nifty, opened Wednesday's session on a strong note, supported by foreign institutional inflows, better-than-expected September-quarter earnings and a continued decline in crude oil prices. The BSE Sensex surged...
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