In the Nifty500 pack, 10 stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on January 30, 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:
Samvardhana Motherson shares rise 4% as company sees limited impact from US tariffs
Samvardhana Motherson shares: Shares of Samvardhana Motherson International Ltd advanced by 3.8% due to the company’s announcement that new US tariffs on imported products, including