BSE climbs 16% in three days, hits record high

10 Mar 2022 , 12:44 PM

Shares of BSE have risen 16.32% in three sessions. The stock hit a record high of 2,427.40 in intraday today.

In the past one year, it has surged 308.04% while the benchmark Sensex has added 8.72% during the same period.

On the technical front, the stocks RSI (relative strength index) stood at 86.52. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.

The stock was trading above its 50-day, 100-day and 200-day simple moving average (SMA) placed at 2114.29, 2073.86 and 2138.74, respectively.

BSE (formerly Bombay Stock Exchange) is Asias first & the worlds fastest Stock Exchange with a speed of 6 microseconds. It provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending and borrowing.

On a consolidated basis, BSEs net profit surged 89.34% to Rs 61.29 crore on 35.13% increase in net sales to Rs 213.08 crore in Q3 December 2021 over Q3 December 2020.

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