Key Points
Vodafone Idea has formed a new 52-week high on Wednesday..
Fundamentally, the company is expected to secure funding (~Rs 20,000 crore in the form of debt and equity) from investors as per the latest earnings conference call.ETMarkets.com..
Indian markets closed in the red for the second day in a row on Wednesday..
Stocks that were in focus include names like Vodafone Idea which was up 7%, Angel One rose nearly 2% and Motilal Oswal Financial Services pared gains after hitting highs to close in the red on Wednesday...
Technically, it gave a good price-volume breakout on a daily timeframe and also completed a base pattern on a weekly basis..
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