In the Nifty500 pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on February 13, 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:
9 smallcaps held by 10+ MF schemes turned multibaggers in FY25
Indian equities have been highly volatile, with Sensex dropping nearly 10,000 points from its peak. Yet, in FY25, Sensex gained 2.5%, and BSE Smallcap rose