Adani Enterp. 2493.35↓-3.10(-0.12%)
Adani Ports 738.85↑4.80(0.65%)
Apollo Hospitals 4621.95↑22.80(0.50%)
Asian Paints 3192.95↑48.55(1.54%)
Axis Bank 914.85↓-22.60(-2.41%)
B P C L 363.50↑3.10(0.86%)
Bajaj Auto 4567.15↓-24.75(-0.54%)
Bajaj Finance 6989.85↓-15.95(-0.23%)
Bajaj Finserv 1451.05↓-14.80(-1.01%)
Bharti Airtel 849.90↑31.45(3.84%)
Britannia Inds. 4657.05↑83.80(1.83%)
Cipla 953.05↓-6.80(-0.71%)
Coal India 241.25↓-3.05(-1.25%)
Divi's Lab. 3443.60↓-14.40(-0.42%)
Dr Reddy's Labs 4501.05↓-17.85(-0.40%)
Eicher Motors 3671.95↓-6.40(-0.17%)
Grasim Inds 1718.35↓-6.80(-0.39%)
H D F C 2640.40↓-52.95(-1.97%)
HCL Technologies 1145.10↑9.25(0.81%)
HDFC Bank 1610.85↓-25.90(-1.58%)
HDFC Life Insur. 592.35↑7.20(1.23%)
Hero Motocorp 2759.90↓-19.25(-0.69%)
Hind. Unilever 2667.55↑11.00(0.41%)
Hindalco Inds. 405.90↓-7.20(-1.74%)
ICICI Bank 949.15↓-0.80(-0.08%)
IndusInd Bank 1286.60↓-6.65(-0.51%)
Infosys 1318.30↓-5.55(-0.42%)
ITC 445.50↓-4.40(-0.98%)
JSW Steel 696.30↓-8.30(-1.18%)
Kotak Mah. Bank 2014.35↑39.65(2.01%)
Larsen & Toubro 2205.65↓-5.15(-0.23%)
M & M 1319.00↓-9.45(-0.71%)
Maruti Suzuki 9367.70↓-15.65(-0.17%)
Nestle India 21673.10↑98.65(0.46%)
NTPC 173.85↓-2.95(-1.67%)
O N G C 154.90↓-3.95(-2.49%)
Power Grid Corpn 233.85↓-1.25(-0.53%)
Reliance Industr 2469.90↓-50.05(-1.99%)
SBI Life Insuran 1235.00↑19.10(1.57%)
St Bk of India 579.85↓-12.95(-2.18%)
Sun Pharma.Inds. 975.35↑15.75(1.64%)
Tata Consumer 798.65↑7.75(0.98%)
Tata Motors 526.30↑7.50(1.45%)
Tata Steel 105.80↓-1.25(-1.17%)
TCS 3289.50↓-26.70(-0.81%)
Tech Mahindra 1115.55↑17.15(1.56%)
Titan Company 2823.25↑20.75(0.74%)
UltraTech Cem. 7870.05↓-31.90(-0.40%)
UPL 685.10↓-3.95(-0.57%)
Wipro 403.65↑1.15(0.29%)

Gland Pharma, Siemens: Strategies for 5 stocks defying current market mood

few selective stocks, like Gland Pharma, PVR INOX, Siemens, Upl and JK Paper may continue to slide lower demonstrating a bearish engulfing sentiment, show technical charts

Avdhut Bagkar Mumbai

Gland Pharma, Siemens: strategies for 5 stocks defying current market mood

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Selective stocks displaying inverse relation to the current mood

4 min read Last Updated : May 24 2023 | 11:46 AM IST

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The benchmark indices on Wednesday opened on a negative note, but managed to reverse in early hour to stay afloat in green. The BSE Sensex was up 121 or 0.20 per cent to 62098, while Nifty 50 rose 30 points or 0.16 per cent to 18378.

Nevertheless, a few selective stocks, like Gland Pharma, PVR INOX, Siemens, Upl and JK Paper, continue to slide lower demonstrating a bearish engulfing sentiment. Among this lists, shares of JK Paper slipped to fresh yearly lows on Wednesday.

While Siemens’ shares set a new all-time high this year, the recent sessions have raised alarm on the long term outlook. Likewise, Gland Pharma, Upl and PVR INOX have failed to exhibit conclusive resurgence on charts.