TCS and PGHL give positive 200 DEMA breakout, while Kotak Mahindra Bank and Maruti Suzuki give negative 200 DEMA breakdown

Indian markets face severe pressure as FIIs continue their selling spree in 2025, taking markets to new lows. The NIFTY50 and SENSEX gave decisive closes below their 200 DEMA mark on a daily chart basis, thus indicating cloudy days ahead for the Indian markets. Despite the weak setup for the Indian markets, few stocks stood strong and closed above their 200 DEMA levels, respectively, on Friday.

TCS

Shares of Tata Consultancy Services closed as the top gainer in the NIFTY50 on Friday after the company announced its Q3FY25 results. The post-results guidance and optimistic commentary lifted the investor sentiments for the stock. The stock price closed above the 200 DEMA of ₹4,117 apiece on the NSE.

PGHL

Procter & Gamble Health Ltd (PGHL) shares closed 3.6% higher on Friday at ₹5,258 apiece on the NSE, above its 200 DEMA mark of ₹5,193 apiece. Shares of PGHL gave marginal returns of 3.14% last year, underperforming peers.

Kotak Mahindra Bank

Shares of Kotak Mahindra Bank traded with high volatility the previous week ahead of its Q3FY25 earnings. On the NSE, shares closed below their 200 DEMA levels of ₹1,781 apiece. Shares have given negative returns of 3% in the last year.

Maruti Suzuki

Shares of India’s largest car maker, Maruti Suzuki, closed below 200 DEMA levels on Friday. Shares jumped nearly 10% last week as strong vehicle sales data boosted investor sentiments. However, after higher-level consolidation, Maruti Suzuki's share price closed below its 200 DEMA level of ₹11,665.