Business Standard

Saturday, December 21, 2024 | 10:28 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

PVR, Inox Leisure: Reopening of cinemas in West Bengal can trigger a rally

Is it a good time to buy stocks of multiplex operators amid unlocking of the economy? Here's what charts suggest

PVR Cinemas employee wearing face shield and facemask seen at PVR ICON, DLF Promenade Mall, Vasant Kunj, in New Delhi on Friday.
Premium

PVR Cinemas

Avdhut Bagkar Mumbai
PVR and Inox Leisure gained ground on Monday morning, after West Bengal Chief Minister Mamata Banerjee said on Saturday that cinema halls and open-air theatres will be allowed to operate in the state from October 1 with a limited number of participants.

Is it a good time to buy stocks of multiplex operators amid unlocking of the economy? Here's what charts suggest.

NIFTY MEDIA: A “Golden Cross” with a breakout above 1,700 may see a sharp rally towards 2,000 levels from a medium-term perspective. On Monday, the index managed to reverse and cross 50-days moving average (DMA) with

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in