Info Edge shares rise 0.14% as Nifty gains

Shares of Info Edge (India) Ltd. traded 0.14 per cent up at Rs 4221.65 on Friday at around 11:22AM (IST), while the benchmark BSE Sensex advanced 55.81 points to 62484.35.

As many as 13,397 shares changed hands on the counter with a total value of Rs 5.65 crore.

The stock quoted a 52-week high price of Rs 4624.35 and a 52-week low of Rs 3310.0.

On the technical charts, the 200-DMA of the stock stood at Rs 3871.17, while 50-DMA was at Rs 3790.13. 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,