Chart Of The Day – Buyback News Propels L&T Above 50- and 200-DMA

Larsen & Toubro emerged the top gainer on the Nifty, as it advanced 6.7% in today’s session following the announcement of share buyback proposal. The stock retook its 50- and 200-DMA on massive volume today.

Larsen & Toubro_MarketSmithIndia