Indus Towers shares fall 0.25% as Nifty gains

Shares of Indus Towers Ltd. slipped 0.25 per cent to Rs 195.95 in Tuesday’s trade. It hit a high of Rs 198.95 and low of Rs 194.8 during the session.

On the technical charts, the 200-DMA of the stock stood at Rs 233.49, while the 50-DMA was at Rs 211.55. 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.