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Over 65% of Nifty large-cap stocks now above 200-DMAs; mid-, small-caps lag

Published by Business Standard · India 1 h ago
Over 65% of Nifty large-cap stocks now above 200-DMAs; mid-, small-caps lag
Business Standard

Detailed summary

Large-Cap Stocks: Anand James of Geojit Investments highlights that less than 20% of large-cap stocks traded above the 200-DMAs, towards the end of October, and now over 60% quote above their long-term moving averages.

Large-cap stocks in focus: 95% of Nifty 100 stocks trade above 20-DMAs, and 66% above 200-DMAs, show charts.

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