Suzlon Energy has witnessed a strong relief rally and the stock closed today's session at Rs 58.
Suzlon Energy stock was up by 1.8 percent in early trades. Adani Ports and Adani Energy Solutions were also trading positive with strong volumes.
Suzlon Energy share price dropped below psychological level during trading session on Friday.
Suzlon Energy share price declined by 1.7 percent and the stock closed the session at Rs 54.23.
Suzlon Energy share price declined 4.33 percent on Friday. As overall market sentiment was weak last week, we have witnessed strong selling in many stocks.
Suzlon Energy stock has been trading below major support levels and if the stock trades in this zone, we could see further decline.
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