BEL, Tech Mahindra, SBI, NTPC and Power Grid crossed their 200 EMA on Monday; check details

Domestic equity indices continued to witness weakness, with little recovery, in late morning trading due to rising crude oil prices in the international market. Crude oil prices rose amid renewed tensions in the Middle East as Iran fired missiles at Israel, raising concerns over a fragile ceasefire and an extended conflict. Sentiment was also hurt by the rupee's decline against the US dollar. Rupee weakened by 46 paise to 95.64 against the dollar at the Inter-bank Foreign Exchange market.

Besides, weakness also prevailed in markets as Foreign Institutional Investors (FIIs) offloaded equities worth ₹8,776.25 crore on June 05, 2026. On the BSE sectoral front, traders were seen piling up positions in Healthcare, FMCG and Utilities, while selling was witnessed in Metal, Telecom, Auto, Basic Materials and Industrials.

Despite the weakness, a few stocks are showing positive breakouts from the broader selloff. Here are the top four stocks crossing the 200 EMA from below on Monday

NTPC

Shares of state-run thermal electricity player traded 0.75% higher on Monday afternoon. The shares jumped nearly 3% from the intraday lows of ₹355 apiece, crossing the 200 EMA level of ₹360 to currently trade at ₹364 apiece on the NSE. The shares have delivered modest returns of 8.3% in 2026 on a YTD basis and 9.5% on a yearly basis, outperforming the benchmark NIFTY50 returns.

Tech Mahindra

Shares of Mahindra Group’s Information Technology player, Tech Mahindra, jumped 1.5% higher on Monday afternoon, despite the broader weakness around tech stocks. IT stocks have witnessed high volatility with strong buying momentum from lower levels. The Tech Mahindra shares crossed the 200 EMA of ₹1,485 apiece on the NSE on Monday. The shares have delivered -5.2% returns in 2026 on a YTD basis.

BEL

Shares of Bharat Electronics Ltd, one of India’s leading defence player, jumped 1% higher on Monday and traded at ₹414 apiece on the NSE. The shares crossed the crucial 200 EMA level of ₹410, soaring nearly 4% from the intraday low levels. The shares have returned modestly in 2026 with 3.7% gains on a YTD basis.

SBIN

State Bank of India's share price traded positively with 0.4% gains on Monday afternoon, amid broader weakness in the markets. The share price jumped 2.3% from the intraday low levels, crossing the crucial 200 EMA level of ₹971 apiece on the NSE. The shares have delivered 20% returns on a one-year basis and trade flat on a YTD basis.

Power Grid Corporation

Another major power and electricity transportation player traded in green with nearly 2% gains. The share opened flat, but recouped all the morning losses crossing the crucial 200 EMA level of ₹288 apiece on the NSE. The shares have delivered positive returns of 9% on a YTD basis in 2026.