In the Nifty500 pack, six stocks’ closing prices crossed above their 200-day moving averages (DMA) on October 16, 2026, according to StockEdge’s technical scan data. The 200-day moving average (DMA) is used by traders as a key indicator for determining the overall trend of a stock. As long as a stock’s price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an overall uptrend.
Gold edges higher as investors assess Fed rate-hike odds
In early Asian trading, gold prices saw a modest uptick as speculation swirled regarding the Federal Reserve’s policy stance. Investors are closely watching remarks from