Shares of Indian Oil Corporation Ltd. traded 4.55 per cent down at Rs 133.1 on Thursday at around 02:12PM (IST), while the benchmark BSE Sensex declined 635.08 points to 59717.74.
As many as 1,477,130 shares changed hands on the counter with a total value of Rs 19.82 crore.
The stock quoted a 52-week high price of Rs 141.75 and a 52-week low of Rs 83.2.
On the technical charts, the 200-DMA of the stock stood at Rs 107.63, while 50-DMA was at Rs 125.04. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
