Stocks skyrocket! Tech Mahindra, Eicher Motors and 8 other counters cross 20-day SMA

Synopsis The big cap stocks crossing their 20-Day SMAs on September 1, 2023, suggest their strength and upward trajectory.ReutersThe big cap stocks crossing their 20-Day SMAs on September 1, 2023, show their strength and upward trajectory. This upward momentum in stocks such as GAIL, ONGC, Power Grid, Coal India, and Tech Mahindra showcases the strength and capacity for development within these business. Let’s check out the efficiency of these stocks. (Data Source: StockEdge) 1. GAIL GAIL, a leading gas business, rose past its 20-day SMA of Rs 116.04, closing at Rs 121.35. The business plays an essential function in India’s energy sector. 2. Oil & Natural Gas Corporation ONGC, a prominent oil and gas expedition business, surpassed its 20-day SMA of Rs 176.03, closing at Rs 181.75. 3. Power Grid Corporation of India Power Grid, an important gamer in India’s power transmission sector, rose above its 20-day SMA of Rs 245.84, closing at Rs 252.2. 4. Coal India Coal India, an essential factor to India’s coal production, exceeded its 20-day SMA of Rs 231.6, closing at Rs 236.9. 5. Tech Mahindra Tech Mahindra, a popular IT services business, surpassed its 20-day SMA of Rs 1208.51, closing at Rs 1228.05. 6. Samvardhana Motherson International Samvardhana Motherson International, an international automobile parts producer, rose above its 20-day SMA of Rs 96.29, closing at Rs 97.8. The business specializ
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