Indian benchmark indices Sensex and Nifty50 fell on Monday, dragged by information technology and auto stocks, in thin volume trade ahead of the end of 2024. Meanwhile, four Nifty500 index stocks reached new 52-week highs today. Here’s the list: Rising High

Bajaj Holdings and Investment, Lloyds Metals among 4 stocks that hit 52-week highs on Monday - Rising High

Decrease in Retail Shareholding signifies a decline in individual investor ownership of a company’s shares. This analysis highlights the top 5 Nifty 500 stocks with the largest decrease in retail shareholding during the September ’24 quarter.

Top 5 stocks with decrease in retail shareholding

Increase in Retail Shareholding signifies a rise in individual investor ownership of a company’s shares. This analysis highlights the top 5 Nifty 500 stocks with the highest increase in retail shareholding during the September ’24 quarter, indicating growing investor interest.

Top 5 stocks with increase in retail shareholding

On December 27, 3 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. Trend Tracker

Bullish Momentum: 3 stocks with White Marubozu Pattern on Dec 27 - Trend Tracker

Since its inception, the Axis ELSS Tax Saver Fund has delivered a return of 16.06%. Over the last 10 years, it provided a 12.74% return, underperforming its benchmark, the NIFTY 500 - TRI, which returned 14.13%. In the past five years, the scheme posted a 13.50% return, compared to its benchmarks 18.96%, indicating underperformance in both periods.

Axis ELSS Tax Saver Fund turn Rs 10,000 monthly SIP to Rs 65 lakh in 15 years

On December 26, the closing prices of three stocks from the Nifty500 pack rallied over 1.5% 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, potentially indicating positive market sentiment. Bullish Sentiment

3 stocks closed above VWAP on December 26 - Bullish Sentiment

In the Nifty500 pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on December 26, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look: Upside Ahead?

Positive Breakout: These 5 stocks cross above their 200 DMAs - Upside Ahead?

On December 24, the closing prices of four stocks from the Nifty500 pack rallied over 1.5% 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. Bearish Trends

These 4 stocks closed crossing above VWAP on December 24 - Bearish Trends

In the Nifty500 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on December 24, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look: Upside Ahead?

Positive Breakout: These 4 stocks cross above their 200 DMAs - Upside Ahead?

On December 23, the closing prices of four 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 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. Trend Tracker

These 4 stocks closed above VWAP on December 23 - Trend Tracker

On December 20, 5 stocks from the Nifty500 pack appeared in the RSI Trending Up scan, according to the stockedge.com data. It is an uptrend signal if the RSI value has crossed above 50 from below. “RSI trending up” means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities. Trend Tracker

5 stocks showing RSI Trending Up on December 20 - Trend Tracker

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