In the NSE list of stocks, four stocks with a market cap of over Rs 250 crore are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks’ 50-day simple moving averages (SMA) crossed their 200-day SMAs on October 12. Take a look:
Turtlemint IPO ends with 1.2x subscription, QIBs lead demand
Turtlemint Fintech Solutions’ ₹883-crore IPO saw robust demand, closing Tuesday with a 1.20 times subscription. Qualified Institutional Buyers led the charge, subscribing 1.59 times, while