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In the Nifty200 pack, five stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on October 24, 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
Today, 149 companies will announce their July-September 2024 earnings. Important results include Coal India, JSW Steel, Bharat Electronics, IndiGo, and Bank of Baroda. IndiGo may report losses, while JSW Steel's profits are expected to fall significantly. Investors and analysts are keenly awaiting these updates to assess market performance.
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News and Media
Benchmark indices Sensex and Nifty extend losses for the fourth consecutive day amid disappointing earnings and continuous FII outflows. Key stocks in focus include ITC, which has broken crucial support levels; ACC, nearing critical support after disappointing earnings; and Adani Wilmar, showing positive momentum post-Q2 earnings.
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News and Media
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