In the Nifty500 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on October 10, 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:
Physicswallah among top 5 smallcap stocks facing highest mutual fund selling in July
Mutual funds reduced their exposure to several small-cap stocks in July, with Amara Raja Enterprises witnessing the highest net selling. Welspun Corporation, NBCC, IIFL Finance