In the NSE large-cap pack, six stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on November 22, 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:
Sebi rejects Zee, Punit Goenka’s settlement applications, orders further probe
The Securities and Exchange Board of India (SEBI) has dismissed settlement applications filed by Zee Entertainment and Punit Goenka. The regulator has referred the matter