Five Nifty 500 stocks rose on the National Stock Exchange of India (NSE) on Nov. 11, while ETMarkets reported that StockEdge’s end-of-day scan showed each with an RSI reading above 50, a technical momentum signal.
ETMarkets reported readings of 56.93 for Vishal Mega Mart, 55.62 for Black Box, 54.95 for Cohance Lifesciences, 53.01 for Deepak Fertilisers and Petrochemicals Corporation, and 50.44 for Central Mine Planning & Design Institute. The outlet said earlier readings were below 50, listing them as 47.44, 47.76, 46.53, 43.49 and 40.59, respectively. It did not specify when those earlier readings were recorded.
NSE closing data show Vishal Mega Mart finished at ₹96.79, up 4.50% from ₹92.62. Black Box closed at ₹868.20, up 6.56% from ₹814.75. Cohance Lifesciences gained 4.61% to ₹464.10 from ₹443.65; Deepak Fertilisers and Petrochemicals Corporation rose 6.11% to ₹1,249.20 from ₹1,177.30; and Central Mine Planning & Design Institute advanced 5.43% to ₹192.85 from ₹182.92.
StockEdge describes the RSI signal as an upward move from below the 50 threshold to a higher reading. Its FAQ says the scans are updated at the end of each trading day.
NSE Indices says the Nifty 500 draws 500 companies from its eligible universe, using full market capitalization and average daily turnover in its selection.
