Why did hul rise sharply yesterday 06 june 2016

Sharp rise to 918 yesterday what could be reason

HUL opened gap n never came to fill the gap in 1st hour.

whenever that happens stock is opened by professionals (dii/fii) n hence will continously give buy orders till their targets are met.

hence it went up.

Dhiren

1 Like

Was there any fundamental or stock specific news for the stock to open gap up ?