Infosys, Tata Chemicals among 7 stocks gain momentum by crossing 100-day SMA

Crossing the 100-day SMA is a significant technical indicator for investors, signaling potential positive price trends for these stocks. Notably, Tata Chemicals and Infosys stood out, showcasing strong performance in their respective sectors. Let’s explore the performance of these stocks. (Data Source: StockEdge)

1. Tata Chemicals

Tata Chemicals celebrated an upswing as its stock crossed the 100-day SMA at Rs 980.26 and closed at Rs 998.2 on July 26. The company is a global chemical and agri-solutions leader.

2. Infosys

Infosys witnessed strong market momentum as its stock crossed the 100-day SMA at Rs 1337.37 and closed at Rs 1348.85 on July 26. The company is a leading global IT services and consulting firm.

3. Solar Industries India

Solar Industries India showcased positive market movement, crossing the 100-day SMA at Rs 3783.17 and closing at Rs 3831.45 on July 26.4. Eicher Motors

Eicher Motors demonstrated market strength as its stock crossed the 100-day SMA at Rs 3333 and closed at Rs 3353.65 on July 26. The company is a leading manufacturer of commercial vehicles and motorcycles.

5. TCI Express

TCI Express achieved a notable milestone as its stock crossed the 100-day SMA at Rs 1534.04 and closed at Rs 1543.95 on July 26. The company is a prominent logistics and express delivery service provider.

6. City Union Bank

City Union Bank showcased market resilience as its stock crossed the 100-day SMA at Rs 131.03 and closed at Rs 131.85 on July 26.

7. HFCL

HFCL demonstrated positive market movement, touching the 100-day SMA at Rs 64.99 and closing at Rs 65 on July 26. The company is a leading player in telecommunications and infrastructure development.

(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)