** Shares of Motilal Oswal Financial Services MOFS.NS rise
as much as 3.48% to 582.90 rupees, highest in over a week since
March 20
** Rise comes after co-promoters of the financial services
firm, Raamdeo Ramgopal Agarawal and Motilal Gopilal Oswal bought
257,458 shares via open market on Wednesday, according to data
on National Stock Exchange
** The moving average convergence divergence line (MACD)
line rose above the signal line on Tuesday, suggesting bullish
bias
** Trading volume is 74,589 shares as of 1:31 p.m. IST, 0.7x
the 30-day avg of 102,231 shares - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))