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200 EMA breakout stocks today: Capri Global Capital and Marico close above their 200 EMA levels; Check details
2 min read | Updated on March 27, 2025, 08:58 IST
SUMMARY
Despite the weak broader market sentiment, the shares of Capri Global Capital and Marico Ltd managed to close in green with major gains. The shares crossed their 200 EMA level, indicating sustained bullish momentum ahead.
At 08:45 AM, the GIFT NIFTY futures were trading at 23,515.00, down 14 points, or 0.06%. | Image: Unsplash
In other news, S&P Global Ratings has cut India's GDP growth projections for the Fiscal year 2025-26 (FY26) to 6.5 per cent as it expects that economies in the APAC region will feel the strain of rising US tariffs and pushback on globalization.
The market breadth remained weak on Wednesday as 2303 stocks closed in the red and 622 stocks in green. Similarly, 187 stocks hit a 52-week low. The FIIs remained net buyers for the fifth consecutive session on Wednesday as they bought equities worth ₹2,240 crore.
Here are two stocks that closed above their 200 DEMA levels on Wednesday
Capri Global Capital
Shares of Capri Global Capital a diversified Non-Banking Financial Company (NBFC) closed 16% higher on Wednesday at ₹195 apiece, crossing its 200 EMA level of ₹190 per share. The shares now trade 32% lower from its record high level of ₹289 per share, touched in April 2024.
Marico Ltd
Shares of one of the leading FMCG brands in India, Marico Ltd, crossed its 200 EMA level on Wednesday as shares surged 2.3% higher to close at ₹639 apiece on the NSE. The shares jumped 10.4% from the March low levels.
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