Few Indian stocks hold above 200-day average
On 28 Oct 2026, seven stocks in the Nifty500 index closed above their 200-day moving average, according to StockEdge technical scan data reported by The Economic Times. The count was seven on 27 Oct 2026 in the Nifty200 pack, and eight on 26 Oct 2026. Traders use the 200-day average to judge the overall trend, and a price above it is generally read as an uptrend.
Key facts
- StockEdge technical scan data is the source for the daily stock counts.
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Why it matters
The count of stocks above their long-term average has eased over three sessions, a basic trend gauge for market watchers.
What changed
First published from The Economic Times