Indian equity benchmarks remained largely flat on Wednesday as gains in energy shares, driven by ONGC and oil marketing companies on an improved earnings outlook, offset a drop in consumer stocks. Meanwhile, six stocks from the Nifty 500 index achieved fresh 52-week highs. Here’s the list: Rising High

Bajaj Finance, SRF among 6 stocks that hit 52-week highs on Wednesday - Rising High

On February 4, the closing prices of four stocks from the Nifty500 pack dropped by more than 1.5% relative to the VWAP (Volume Weighted Average Price), and a shift below the VWAP suggests a potential bearish trend, according to stockedge.com’s technical scan data. When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This can be seen as a potential indication of increased selling pressure. Bearish Signals

NLC India and 3 other stocks close below VWAP on February 4 - Bearish Signals

On February 4, the closing prices of three stocks from the Nifty500 pack rallied over 3% relative to the VWAP (Volume Weighted Average Price). A shift above the VWAP suggests a potential bullish trend, according to StockEdge.com’s technical scan data.When the closing price rises above the VWAP, it indicates that the closing price is higher than the average price at which the stock was traded throughout the day, with the average being weighted by trading volume. This occurrence is often interpreted as a potential bullish signal by traders and investors, indicating positive sentiment in the market.Stocks with a shift above the VWAP: Bullish Trends

These 3 stocks closed above VWAP on February 4 - Bullish Trends

Bajaj Allianz Life Insurance launches Nifty 500 Multicap Momentum Quality 50 Index Fund for ULIP customers.

Bajaj Allianz Life launches Nifty 500 Multicap Momentum Quality Index Fund

Mutual funds have actively adjusted their portfolios in the third quarter (Q3) of FY25, boosting their stake in several small-cap stocks within the Nifty500 index. According to StockEdge data, here are 10 small-cap stocks from Nifty500 index where mutual funds increased their holdings in the December quarter of FY25: MF holdings

Tata Chemicals, PNB Housing Finance among 10 small-cap stocks where mutual funds increased stake in Q3 - MF holdings

Bajaj Allianz Life Insurance: This new fund provides ULIP customers with life coverage and an opportunity to leverage multi-cap stocks driven by momentum and quality factors. It enables portfolio diversification while benefiting from an index-based investment approach, offering a strategic way to capitalize on market growth, according to a release.

Bajaj Allianz Life Insurance launches Nifty 500 Multicap Momentum Quality 50 Index Fund

In the Nifty500 pack, we have compiled a list of three stocks that reached a 5-year swing high at the close on February 3, indicating bullishness in these counters, according to stockedge.com’s technical scan data.A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to surpass. Such an occurrence can be interpreted as a bullish signal, suggesting the potential for further upward movement in the stock. However, it’s important to note that this differs from a 5-year breakout, which happens when a stock’s price exceeds a key resistance level that has held for five years or more. Bullish Trends

At multi-year highs: These 3 stocks witnessed 5-year swing high breakouts - Bullish Trends

In the Nifty500 pack, four stocks are witnessing Death Crossovers, according to stockedge.com’s technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside. These stocks’ 50-day SMA crossed below their 200-day SMAs on February 3. Take a look: Bearish Signs

Death Crossovers: These 4 stocks signal bearishness on Feb 4 - Bearish Signs

On February 1, five stocks from the Nifty500 pack came to the bullish scanner of “White Marubozu”, according to stockedge.com’s technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis. It occurs when the opening price is the lowest for a given period, and the closing price is the highest. Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets. Performance Tracker

Bullish Momentum: 5 stocks with White Marubozu Pattern on February 1 - Performance Tracker

In the Nifty500, we have collated a list of three stocks that witnessed a 5-year swing high at the close on February 01, suggesting bullishness in counters, according to stockedge.com’s technical scan data. On a high

At multi-year highs: These 3 stocks witness 5-year swing high breakout - On a high

On January 31, the closing prices of three stocks from the Nifty500 pack rallied over 3.5% relative to the VWAP (Volume Weighted Average Price), and a shift above the VWAP suggests a potential bullish trend, according to stockedge.com’s technical scan data.When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This occurrence is often interpreted as a potential bullish signal by traders and investors. Potentially indicating positive sentiment in the market. Bullish Signals

Kalyan Jewellers and 2 other stocks closed above VWAP on January 31 - Bullish Signals

Nifty 500 represents the top 500 companies based on full market capitalisation and average daily turnover from the eligible universe. The rescheduling of index constituents happens bi-annually every year.

Nifty 500 Index