LTIMindtree shares fall 1.71% as Nifty gains

Shares of LTIMindtree Ltd. slipped 1.71 per cent to Rs 5857.85 in Thursday’s trade. It hit a high of Rs 6015.9 and low of Rs 5853.0 during the session.

On the technical charts, the 200-DMA of the stock stood at Rs 5125.71, while the 50-DMA was at Rs 5619.34. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.