Top 5 stocks of Nifty 50, Trading Above 200DMA
The Indian stock market has been witnessing a persistent selling trend since October. The benchmark index, Nifty 50, remains below its 200-day moving average, reflecting overall weakness. However, despite the downturn, a few heavyweight stocks continue to trade above their 200DMA, holding firm at this crucial technical support level.
Nifty 50
On March 13, 2025, the Nifty 50 ended the session at 22,397.20, recording a drop of 73.30 points (-0.33%) compared to its previous closing level of 22,470.50. The index experienced volatility throughout the session, with an intraday high of 22,558.05 and a low of 22,377.35. Out of the 50 stocks in the index, 15 ended in positive territory, while 35 closed in the red, indicating a broad-based selling trend. The market opened at 22,541.50, showing initial strength, but later succumbed to selling pressure. 200 Day Moving Average of Nifty 50 is around 24,000 and Currently it is trading below this cluster.
1.HDFC Bank
The country’s largest bank HDFC Bank is still trading above its 200 day moving average. On March 13, HDFC Bank’s stock ended the day with a minor dip, settling around ₹1,706, which remains 15 points higher than its 200-day moving average (200DMA). Its 200DMA comes near 1690.
2. Bharti Airtel
Bharti Airtel stock is also still trading above its 200 day moving average.On March 13, its stock finished at ₹1,632.5, registering a 0.63% drop for the day. The 200 DMA of this stock comes close to 1570 which is Rs 62 below the current price.
3. ICICI Bank
The country’s second largest private bank, ICICI Bank’s 200 DMA is near 1240 which is Rs 10 below its current price of 1250. After falling below 200dma twice within 1 month, it recovered it both the times. On March 13, its stock ended the session at ₹1,250, rising 0.5% for the day.
4. Bajaj Finance
Bajaj Finance stock is trading well above its 200 dma which comes near 7245. On March 13, Bajaj Finance stock settled at ₹8,420, posting a 0.75% decline for the day. It has jumped by more than Rs 1400 since the beginning of 2025.
5. Kotak Mahindra Bank
Kotak Mahindra Bank, another larger private sector bank in India, is holding its 200 dma. On March 13, its stock closed with a slight gain at 1985 level, which is well above its 200dma of 1814. Selling in the broader market has had little impact on it.
Check More Details About These Stocks At NSE
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