Among NSE stocks, having a market cap of over Rs 1000 crore, seven counters 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 26. Take a look:
Jio IPO: Akash, Isha and Anant Ambani to lead IPO process, says Mukesh Ambani
Reliance Industries Chairman Mukesh Ambani announced that the board has approved the draft prospectus for the much-awaited IPO of Jio Platforms, with Akash Ambani, Isha