In the Nifty500 list of stocks, five stocks are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks’ 50-day simple moving averages (SMA) crossed their 200-day SMAs on September 28. Take a look:
NTPC Q1 Results: Cons PAT rises 11% YoY to Rs 6,108 crore, revenue falls 3%
NTPC reported an 11% YoY rise in Q1FY26 net profit to Rs 6,108 crore, despite a 3% decline in revenue. Profit and revenue fell sequentially.