Indian Railway Finance Corporation (IRFC) saw a mixed performance in the stock market today, with the share price rising by 0.41% to reach ₹147.5. The company’s counterparts also experienced varying trends, with Piramal Pharma declining while Mindspace Business Parks REIT, Sanghvi Movers, and Dhunseri Investments saw an increase in their share prices.
The benchmark indices Nifty and Sensex were up by 0.35% and 0.34% respectively, indicating a positive overall market sentiment.
The trading volume of IRFC until 10 AM was 107.79% higher than the previous day, with the price currently at ₹147.65, showing a 0.51% increase. Both volume and price are crucial indicators for analyzing market trends, with a rise in price accompanied by a surge in volume indicating a strong upward trend.
IRFC’s share price touched a high of ₹148.4 and a low of ₹142.45 in the previous trading hour. The hourly support and resistance levels to watch out for in the next hour are ₹149.85, ₹152.1, ₹155.8 as resistance levels, and ₹143.9, ₹140.2, ₹137.95 as support levels.
Overall, IRFC’s stock performance today reflects the dynamic nature of the market, with investors closely monitoring the company’s movements and those of its peers to make informed decisions.