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In the Nifty 500 pack, seven stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on June 17, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
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News and Media
Tragedy struck Khan Younis as at least 51 Palestinians were killed and over 200 wounded while awaiting aid trucks. Witnesses reported an Israeli airstrike followed by gunfire on the crowd. The Israeli military acknowledged the incident, stating soldiers fired upon a gathering near a stuck aid truck and will investigate the casualties.
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News and Media
Quantum AMC is optimistic about earnings per share growth. Interest rate cuts and corporate cash reserves support private capital expenditure. Tariff uncertainty remains a concern. IT and auto sectors show promise. Cement sector faces seasonality but overall improvement is expected. The firm favors banks, financials, IT, and auto. Insurance also looks attractive.
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News and Media
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