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In the Nifty200 pack, four stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on June 2, 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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News and Media
Blue Water Logistics debuted on the NSE SME platform on Tuesday after a successful IPO that was oversubscribed nine times. The IPO, which aimed to raise 42.99 crore, saw its shares offered at 135 each.
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News and Media
The media giant has been under pressure as viewers move away from cable TV to streaming platforms.
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News and Media
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