Adani Ports, Tata Power, 4 other large cap stocks surpass 50-day SMA

Several large cap stocks showcased robust performance on November 8, surpassing their 50-Day Simple Moving Average (SMA). Let's explore the performance of these stocks. (Data Source: StockEdge)

1. ABB India
ABB India, a global technology leader, demonstrated strength by closing at 4275.55 on November 8, surpassing the 50-Day SMA. ABB is renowned for its expertise in electrification, robotics, and industrial automation solutions.

2. Adani Ports and Special Economic Zone
Adani Ports, a crucial player in the infrastructure sector, closed at 818.7 on November 8, surpassing the 50-Day SMA.

3. Berger Paints India
Berger Paints India exhibited strength, closing at 586.25 on November 8, surpassing the 50-Day SMA. The company is a leading player in the paint and coating industry.

4. Pidilite Industries
Pidilite Industries, a market leader in adhesives and construction chemicals, closed at 2473.15 on November 8, surpassing the 50-Day SMA.

5. Hindustan Unilever
Hindustan Unilever, a consumer goods giant, demonstrated strength by closing at 2519.35 on November 8, surpassing the 50-Day SMA.

6. Tata Power Company
Tata Power Company showcased positive momentum, closing at 254.95 on November 8, surpassing the 50-Day SMA.

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(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)