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POONAWALLA
Shares of Poonawalla Fincorp were in focus on the National Stock Exchange of India today within minutes of market opening as the stock witnessed early buying interest. The counter moved higher in initial trades supported by strength in financial stocks and positive market sentiment. Investors showed interest amid expectations of steady loan growth and improving asset quality. The broader market opened on a firm note with midcap stocks seeing active participation. Analysts believe NBFCs may continue to attract flows due to stable credit demand outlook. Trading volumes picked up quickly after the opening bell, indicating strong participation. The stock maintained positive momentum in early trade. Traders are closely watching intraday movement for further direction. The stock traded higher, reflecting bullish sentiment in today’s opening session.
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