trending stocks, Trending Stock: Double bonanza for those who bought this stock!… Bumper offer on top trending! – Vedanta offers a double bonanza for the shareholders

The stock market is rising with great momentum. Metals and mining major Vedanta has two good news for its shareholders today. Because the price of this stock has increased tremendously today and is trading over 6 percent. Also, the volatility of this stock is likely to continue for some time. Also, Vedanta announced its second interim dividend

The stock market is trading on a high today. Investors are profiting through this in an amazing trading session. For those holding shares, Vedanta will pay its shareholders Rs. declared a second interim dividend of 19.5 per share.

Vedanta shares started with a rally in the stock market today. Then the share price continued to rise. Rs. 253.25 was reached. The share price is currently trading at a gain of around 6 percent. Also, constituencies also supported the rise in stock prices. This is the first time since July 1 that the stock has increased to this level. And today’s volumes are more than 20 days on average.

Technically, the stock price is trading above the 20-day moving average. Short-term moving averages tend to trade higher. And Vedanta stock hit a fresh 21-day high. The stock is trading favorably at Rs.250. Also call option side open interest in the stock is high at this strike price. The daily 14-period RSI is above the previous swing high. Above 50 zone +DMI -DMI increases. Its MACD histogram indicates bullish momentum.