Shares of ICICI Prudential Life Insurance Company Ltd. traded 1.67 per cent up at Rs 503.95 on Wednesday at around 12:22PM (IST), while the benchmark BSE Sensex advanced 622.31 points to 71762.21. As many as 27,368 shares changed hands on the counter with a total value of Rs 1.36 crore. The stock quoted a 52-week high price of Rs 615.55 and a 52-week low of Rs 380.95. On the technical charts, the 200-DMA of the stock stood at Rs 527.34, while 50-DMA was at Rs 529.68. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA…
Read More…