In the Nifty 500 pack, six stocks are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when a short-term moving average crosses over a major long-term moving average on the upside. These stocks’ 50-day simple moving averages (SMA) crossed their 200-day SMAs on September 16. Take a look:
ArisInfra Solutions shares GMP at 11% in unlisted market. Check IPO details
ArisInfra Solutions shares: The Grey Market Premium (GMP) represents the price at which shares of a forthcoming IPO are being traded in the unofficial market