In the NSE list of stocks, four stocks with a market cap of over Rs 100 crore 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. The 50-day simple moving averages (SMA) of these stocks crossed their 200-day SMAs on December 12. Take a look:
Britannia Q1 Results: Profit rises 14% to Rs 591 crore, misses estimates as Iran war pushes costs higher
India’s Britannia Industries reported first-quarter profit below market expectations on Thursday, as higher expenses linked to the Middle East conflict overshadowed stronger demand for its