Live Updates: Indian Railway Finance Corporation Share Price Plunges Amid Market Turmoil

Indian Railway Finance Corporation (IRFC) saw a fluctuating day in the stock market today. The stock opened at ₹176.7, reached a high of ₹182, and a low of ₹176.15 before closing at ₹173.2. The market capitalization stood at ₹234,383.66 crore, with a 52-week high of ₹192.8 and a low of ₹31.21. The BSE volume for the day was 10,606,722 shares traded.

In the latest updates, the stock price has been moving between 177.58 and 175.68 levels in the past hour. Traders are advised to consider rangebound trading strategies, such as buying near the hourly support at 175.68 and selling near the hourly resistance at 177.58. The hourly support and resistance levels for the next hour are as follows: Resistance 1 at 177.5, Support 1 at 176.2, Resistance 2 at 178.05, Support 2 at 175.45, Resistance 3 at 178.8, and Support 3 at 174.9.

According to technical analysis, the short-term trend of IRFC shares is bullish, and the long-term trend is also bullish. The simple moving average for different time periods shows a positive outlook for the stock.

Overall, IRFC’s stock price movement today reflects a mix of bullish and bearish trends, with traders closely monitoring the support and resistance levels for potential trading opportunities. The stock’s performance is also influenced by its peers in the market, with some showing a decline while others are experiencing growth. Investors are advised to stay informed about the latest updates and trends in the market to make well-informed decisions regarding IRFC shares.