Technical breakout: SBI, Zydus Wellness, 5 other stocks cross 100-day SMA

The crossing of the 100-day SMA by these companies reflects their resilience and potential for future growth, making them noteworthy contenders in the stock market landscape. Punjab & Sind Bank, Bandhan Bank, Zydus Wellness, Network 18 Media & Investments, Infibeam Avenues, Hikal, and State Bank Of India showcased their strength and growth potential in various sectors. Let's explore the performance of these stocks. (Data Source: StockEdge)

1. Punjab & Sind Bank
Punjab & Sind Bank exhibited a positive market trend by crossing its 100 SMA and closing at Rs 31.85 on August 8.


2. Bandhan Bank
Bandhan Bank demonstrated robust market performance by crossing its 100 SMA and closing at Rs 233.6 on August 8.

3. Zydus Wellness
Zydus Wellness showcased its market strength by crossing its 100 SMA and closing at Rs 1515.75 on August 8.

4. Network 18 Media & Investments
Network 18 Media & Investments displayed positive market momentum by crossing its 100 SMA and closing at Rs 60.2 on August 8.

5. Infibeam Avenues
Infibeam Avenues surged in the market by crossing its 100 SMA and closing at Rs 14.85 on August 8.

6. Hikal
Hikal displayed positive market performance by crossing its 100 SMA and closing at Rs 302.7 on August 8.

7. State Bank Of India
State Bank Of India showcased its strength by crossing its 100 SMA and closing at Rs 573.1 on August 8.

(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)