SBI, Wipro among 11 large cap stocks that surpassed 100-day SMA

The stock market proved to be significant on October 4 as several large cap stocks displayed their resilience by crossing their 100-day Simple Moving Averages (SMA). These technical achievements often signal potential opportunities for investors seeking stability and growth in well-established companies.

Let's explore the performance of these stocks. (Data Source: StockEdge)

1. Wipro
100-Day SMA: 405.46
Closing Price: 404.9


2. State Bank of India
100-Day SMA: 584.39
Closing Price: 586.25

3. ICICI Lombard General Insurance Company
100-Day SMA: 1298
Closing Price: 1303.25

4. HDFC Life Insurance Company
100-Day SMA: 628.46
Closing Price: 625.5

5. Torrent Pharmaceuticals
100-Day SMA: 1875.1
Closing Price: 1864.15

6. SBI Life Insurance Company
100-Day SMA: 1279.08
Closing Price: 1270.55

7. Tube Investments of India
100-Day SMA: 3026.14
Closing Price: 3005.6

8. Bosch
100-Day SMA: 18883.32
Closing Price: 18742.35

9. Bajaj Finserv
100-Day SMA: 1521.03
Closing Price: 1532.55

10. Adani Green Energy
100-Day SMA: 979.93
Closing Price: 971.9

11. Ultratech Cement
100-Day SMA: 8189.31
Closing Price: 8120.85

(Disclaimer: This is an AI-generated article. Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)