By Admin 
Share Market News: Indian benchmark indices ended with sharp losses on Monday, June 8, as investors reacted to a sharp rise in crude oil prices following widespread selling in Asian markets and rising tensions in the Middle East. Growing geopolitical uncertainty and concerns over higher energy costs weighed on market sentiment throughout the trading session. Nifty 50 opened nearly 300 points down but made initial recovery and managed to touch intraday high of 23,267.30.
However, selling pressure increased in the latter half of the session, pushing the index down more than 140 points from its day’s high. Nifty 50 finally closed at 23,123, a decline of 243.70 points or 1.04 per cent.
Top 3 Price-Volume Breakout Stocks:
Exicom Tele-Systems Limited: Axicom Tele-Systems Ltd. witnessed a price-volume breakout during the session, with the stock currently trading at Rs 146.70, up 9.60 percent from its previous close of Rs 133.85. The stock touched an intraday high of Rs 154.32 while volume increased to 7.63 crore shares, indicating increased market activity. The stock remains below its 52-week high of Rs 208.84 and has given a return of 94.05 per cent from its 52-week low. The combination of high volume and sharp price increase indicates strong participation during the trading session.
Thomas Cook (India) Limited: Thomas Cook (India) Ltd. recorded a price-volume breakout, with the stock currently trading at Rs 104.44, an increase of 11.27 percent from its previous close of Rs 93.86. During the day, the stock hit a high of Rs 109.70 and recorded a trading volume of 5.12 crore shares. The stock is trading below its 52-week high of Rs 188.29 and has generated 20.95 percent return from its 52-week low. An increase in price as well as high volume indicates increasing trading interest in the counter during the session.
BCL Industries Limited: BCL Industries Limited also saw a price-volume breakout, with the stock currently trading at Rs 37.25, up 11.36 percent from its previous close of Rs 33.45. The stock touched an intraday high of Rs 39.20 and recorded trading volumes of 2.20 crore shares, indicating a significant increase in activity. The stock is down from its 52-week high of Rs 49.30 and has given 45.91 percent return from its 52-week low.