By Admin 
Share Market News: Indian equity benchmarks ended lower on Thursday, June 11, as investors turned cautious amid fresh escalation in the Middle East conflict and a sharp rise in US inflation, leading to risk aversion in global markets. The US military carried out fresh strikes on several targets in Iran on Wednesday, even as President Donald Trump warned that more attacks could happen if a peace deal is not reached.
Geopolitical uncertainty and inflation concerns weighed on investor sentiment throughout the trading session. Nifty 50 opened with a gap-down of over 100 points but made a strong recovery in early trade, hitting an intraday high of 23,327.45 and briefly moved into positive territory. However, the benchmark index failed to sustain gains due to selling pressure at higher levels. The index then erased all intraday gains and went back into negative territory, ending the session below 23,200 points.
At the closing bell, Nifty 50 settled at 23,161.60, down 53.35 points or 0.23 per cent. The Sensex fell 150.63 points or 0.20 percent to close at 73,832.55. Bank Nifty ended marginally higher, while India VIX, the market’s fear gauge, remained largely flat.
Top 3 Price-Volume Breakout Stocks:
Zee Entertainment Enterprises Limited:
Zee Entertainment Enterprises Ltd recorded strong trading activity with volume of 14.75 crore shares. The stock gained 8.52 per cent, trading at Rs 111.70 from its previous close of Rs 102.93, and touched an intraday high of Rs 112.89. The stock remains below its 52-week high of Rs 151.70 and has given 64.26 percent return from its 52-week low. The counter recorded a price-volume breakout with a volume spike during the session.
Quality Walls (India) Limited:
Kwality Walls (India) Ltd witnessed high participation in the market with traded volume of 6.46 crore shares. The stock gained 5.57 per cent from its previous closing price of Rs 33.01 and was currently trading at Rs 34.85, while it touched a high of Rs 36.40 during the day. The stock is trading near its 52-week high of Rs 36.57 and has generated 56.70 percent return from its 52-week low. The move was accompanied by a price-volume breakout and a sharp increase in volume.
Logistics-Limited:
Aegis Logistics Ltd emerged as one of the active counters of the session with a traded volume of 4.07 crore shares. The stock jumped 17.60 per cent from its previous closing price of Rs 801 and was currently trading at Rs 942, while it touched its 52-week high of Rs 960. This stock has given 63.51 percent return from its 52-week low. The session’s momentum was supported by a price-volume breakout and a significant increase in trading volumes.