Strong rally lifts half of Nifty500 stocks above key long-term trend indicator

August 18, 2022

About 59 of the NSE500 stocks are currently trading 20% above their 200 DMA. Heavyweights such as ITC, Adani Enterprises, Mahindra & Mahindra, HUL, ICICI Bank, Maruti Suzuki, Bajaj Auto, and Bajaj Finance, Asian Paints, Coal India, among others, are trading 10% above their respective 200 DMAs. Among the Nifty 50 stocks, 70% are trading above 200 DMA.

More To Explore

Ganga Bath Fittings IPO listing on June 11: Here’s what GMP Indicates

Ganga Bath Fittings is set to list on the NSE SME platform after its IPO aimed to raise Rs 32.65 crore. However, the grey market

June 11, 2025

How can retail investors benefit from gold and silver ETFs?

Gold and silver prices have recently surged, attracting retail investors. Now, investing in these precious metals is possible through mutual funds. Gold and silver ETFs

June 11, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003