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MOTILALOFS Motilal Oswal Financial Services News Story

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FinancialsAdventurousLarge CapMomentum Trap

India's Motilal Oswal Financial Services hits record high

** Shares of Motilal Oswal Financial Services  MOFS.NS  jump
as much as 10.5% to record high of 913.45 rupees; currently up
7.9%
    ** Overall, 8 mln shares traded, 5.6x 30-day avg
    ** Reuters could not immediately ascertain the reason behind
day's move
    ** Relative strength index (RSI) rises to 77.4, suggesting
stock might be overbought - LSEG data
    ** MOFS up ~191% YTD

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))

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