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In the Nifty500 pack, 11 stocks' closing prices crossed above their 200 DMA (Daily Moving Averages) on January 07, 2026, according to stockedge.com's technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Take a look:
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The president also called on defence firms to increase production or face a crackdown on payouts.
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Asian markets saw a dip for the second day as a strong rally cooled. US Treasuries held their ground after gains. Samsung Electronics reported record profits but its stock fell. Mixed US economic data is influencing Federal Reserve rate cut expectations. Geopolitical concerns and economic outlook are also impacting markets.
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