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Ola Electric's stock took a hit on Monday amidst swirling rumors. The company swiftly dismissed a report from South Korean media alleging improper acquisition of foreign battery technology. Ola firmly stated it has no desire for obsolete technology and highlighted that its cutting-edge battery production is already underway, with recent certification attained for its battery packs.
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In the Nifty500 pack, nine stocks' closing prices crossed above their 200 DMA (Daily Moving Averages) on November 7, 2025, according to stockedge.com's technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Take a look:
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Groww IPO saw strong investor demand, subscribed 17.6 times. Allotment results are expected Monday. Shares will be credited Tuesday, with listing on Wednesday. The IPO was valued at Rs 6,632 crore. Grey market premium indicates a modest listing gain. Investors can check allotment status on the registrar's or stock exchange websites. Groww's performance will be watched closely.
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