In the NSE list of stocks with a market cap of over Rs 10,000 crore, five stocks closed prices crossed above their 200 DMA (Daily Moving Averages) on January 21, 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.
BSE SME exchange crosses 600 listings milestone, cos raise Rs 10,652 crore
Since its launch, the BSE SME platform has enabled companies to raise Rs 10,652 crore, with their combined market capitalisation reaching Rs 1.84 lakh crore.