Axis Bank, L&T, 3 more Nifty50 stocks cross 50-day SMA

In a display of robust momentum, several Nifty 50 stocks proved their mettle as they crossed their 50-day Simple Moving Average (SMA) on November 6. This achievement reflects the strength and potential of these companies, paving the way for further success.

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

1. Larsen & Toubro
50-Day SMA: 2919.38 | Closing Price: 2975.45

2. Britannia Industries
50-Day SMA: 4542.3 | Closing Price: 4623.6

3. Axis Bank
50-Day SMA: 998.44 | Closing Price: 1009.4

4. NTPC
50-Day SMA: 235.47 | Closing Price: 235.85

5. Bajaj Finserv
50-Day SMA: 1563.2 | Closing Price: 1564.4

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