Five NSE stocks show bearish "Death Cross" signals

On March 17, five stocks in the Indian stock market showed a technical sign called a "Death Crossover." This is seen when a stock's 50-day Simple Moving Average (SMA) falls below its 200-day SMA, indicating possible bearish trends. These stocks all have a market capitalization of over Rs 10,000 crore. The first stock has a current market price of Rs 936.9, with a 50-day SMA of Rs 1157.46 and a 200-day SMA of Rs 1167.82. The second stock is priced at Rs 2638.55, with a 50-day SMA of Rs 2814.62 and a 200-day SMA of Rs 2826.78. The third stock stands at Rs 1425.1, having a 50-day SMA of Rs 1530.16 and a 200-day SMA of Rs 1531.25. The fourth stock trades at Rs 1250.1, with a 50-day SMA of Rs 1378.45 and a 200-day SMA of Rs 1379.23. Finally, the fifth stock has a price of Rs 1884.75, a 50-day SMA of Rs 2015.71, and a 200-day SMA of Rs 2015.83.