Shares of Indian Oil Corporation Ltd. traded 0.14 per cent up at Rs 110.4 on Monday at around 12:23PM (IST), while the benchmark BSE Sensex advanced 148.73 points to 57273.04.
As many as 288,560 shares changed hands on the counter with a total value of Rs 3.17 crore.
The stock quoted a 52-week high price of Rs 141.75 and a 52-week low of Rs 86.7.
On the technical charts, the 200-DMA of the stock stood at Rs 111.07, while 50-DMA was at Rs 125.0. 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.
