Dixon gains 5% after fixing March 19 as record date for 1:5 stock split
This specialty chemicals stock has more than doubled in a month
Business Standard
Web Exclusive

GMM Pfaudler, IDBI Bank: 14 Nifty500 stocks have surged above their 200-DMA

Analysts prefer stocks trading above the 200-DMA, since they tend to perform better in a trending market. Risk management, hence, becomes comparatively easier

Topics
share market | Stock to watch | Stocks in focus

Avdhut Bagkar  |  Mumbai 



stocks, stock market, m arket, sensex, growth, revenue, earnings, results, Q2,Q1, Q3, Q4, COMPANY, nse, bse,
Nifty 500 stocks

When the Nifty 50 claimed a new all-time high of 15,431 levels recently, the total number of Nifty 500 stocks trading above 200-days moving average (DMA) were 454. However, during the recent correction of nearly 5 per cent, the total number of stocks trading above 200-DMA actually increased to 459. The Nifty 50 is currently hovering around 15,000 levels with an uncertain trend. Nevertheless, the increase in number of stocks that are trading above this key technical parameter suggests that the market has moved away from a meaningful rise in the frontline indices to stock-specific action.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, March 09 2021. 12:57 IST

RECOMMENDED FOR YOU

.