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In the Nifty500 pack, 10 stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on July 17, 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:
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Reliance Industries is poised to announce Q1 earnings, with analysts predicting a substantial 15-16% year-on-year EBITDA surge, driven by strong performances across its retail, telecom, and O2C segments. A retail revival, led by quick commerce and improved store productivity, and robust subscriber additions in Jio are expected to fuel growth.
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Visual effects made using the technology has appeared in a Netflix original show for the first time.
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