On August 30, 2023, the stock market saw notable advancements as several companies surpassed their 200-day Simple Moving Average (SMA), indicating potential upward trends and positive market sentiment. Let’s delve into the performance of these stocks.
1. Avenue Supermarts
Avenue Supermarts closed at Rs 3736.3 on August 30, surpassing its 200-day SMA of 3671.8.
2. Sumitomo Chemical India
Sumitomo Chemical India achieved a closing price of Rs 442, exceeding its 200-day SMA of 436.89.
3. Hindustan Zinc
Hindustan Zinc reached a closing price of Rs 319.95, crossing its 200-day SMA of 318.19 on August 30.
4. Infosys
Infosys achieved a closing price of Rs 1435.15, surpassing its 200-day SMA of 1427.54 on August 30.
5. Atul
Atul achieved a closing price of Rs 7261.55, crossing its 200-day SMA of 7226.6 on August 30.
6. Vedant Fashions
Vedant Fashions achieved a closing price of Rs 1262.2, surpassing its 200-day SMA of 1256.98 on August 30.
7. Britannia Industries
Britannia Industries achieved a closing price of Rs 4550.8, surpassing its 200-day SMA of 4534.65 on August 30.
8. Dabur India
Dabur India achieved a closing price of Rs 554.9, exceeding its 200-day SMA of 553.39 on August 30.
9. Elgi Equipments
Elgi Equipments achieved a closing price of Rs 483.15, surpassing its 200-day SMA of 481.84 on August 30.
10. Clean Science and Technology
Clean Science And Technology achieved a closing price of Rs 1422.45, exceeding its 200-day SMA of 1420.55 on August 30.
These developments demonstrate the potential growth of these stocks in the market. (Disclaimer: This is an AI-generated article. Expert views represented in this article do not reflect the views of the Economic Times).
