Breakout Stocks: How are South Indian Bank, Gabriel India and BF utilities looking on charts for Monday’s trade?
Sectorally, buying was seen in power, utilities, FMCG and some infra stocks while selling was visible in IT, metals, public sector and telecom stocks. Stocks that were in focus include names like South Indian Bank which was up more than 6% to hit a fresh 52-week high, Gabriel India rallied more than 10% and BF Utilities closed with gains of more than 3% on Friday.
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