The total volumes of United Spirits were 3 times the average volumes (2.83x) of the company on Friday. The volumes were around 79 lakh shares.
The stock market turnover -- the total value of stocks traded -- on Friday was around Rs 500 crore while on Thursday, it was around Rs 400 crore. In the last 2 trading sessions, the trading value was higher than the preceding 10 days.
Triggers:
United Spirits' numbers are expected to be good on the back of growth recovery, as in the case of GM Breweries, the brokerages say. Motilal Oswal has recently upgraded the stock to a 'buy'.
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(Edited by : Niral Sharma)