Stocks in focus on March 21: Marico, Kfin Technologies and Suzlon Energy crossed their 200 DEMA on Thursday

NIFTY50 and SENSEX are headed for best weekly gains in 2025 as the key benchmark indices continue their winning streak for the fifth consecutive session. The NIFTY50 and SENSEX have gained 3.5% this week amid a pause in FII selling and short covering in the markets. Further, the broader indices have gained more than 6.45% for the week till Thursday.

The NIFTY50 and SENSEX eye for resistance at 200 DEMA levels of 23400 and 77140 respectively. 68% of the NIFTY50 constituents have crossed their daily 20 SMA levels, indicating sustained strength in the markets after the recovery from the lower levels.

Marico

Shares of Marico, a leading FMCG player crossed 200 DEMA levels of ₹628 on Thursday after closing 2.14% higher at ₹632 apiece on the NSE. The shares are currently down nearly 13% from their 52-week high levels touched on 1st Feb 2025.

Kfin Technologies

Shares of leading capital markets eco-system players crossed its 200 DEMA mark of ₹993 on Thursday after closing 7% higher on the NSE at ₹1,050 apiece. The shares currently traded 36% below its record-high levels on the NSE.

Suzlon Energy

Shares of Suzlon Energy closed 1% higher on the NSE on Thursday, crossing its 200 DEMA mark of ₹57.9. The shares traded 32% lower from their record-high levels on the NSE.

Apart from the above-mentioned stocks, shares of companies like APL Apollo Tubes, HEG, Ltd, Affle India, Aster DM Healthcare, Indian Bank and others closed above their respective 200 DEMA levels on Thursday.