The stock has recently made a higher bottom formation pattern on the daily chart taking support near the Rs 990 zone and given a decent pullback with improving bias moving past the significant 50 EMA level of Rs 1,002.67, Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher, said.
Shilpa Medicare Ltd., incorporated in the year 1987, is a Small Cap company (having a market cap of Rs 3384.41 Crore) operating in Pharmaceuticals sector.
The global cryptocurrency market cap was trading at the $1.04 trillion mark, rising about 2 per cent in the last 24 hours. However, the total trading volume dropped more than 7 per cent close to $65.46 billion.
The resilience of the Indian market even amidst global volatility can be attributed mainly to two factors: One, the strong growth momentum in the economy and two, the steady FII flows even when the Dollar has been appreciating.
HG Infra Engineering Ltd., incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 3749.95 Crore) operating in Infrastructure sector.