REC Ltd. shares falls 0.85% as Nifty gains

Shares of REC NSE 1.77 % Ltd. slipped 0.85 per cent to Rs 99.35 in Wednesday’s trade. It hit a high of Rs 100.35 and low of Rs 98.85 during the session.

On the technical charts, the 200-DMA of the stock stood at Rs 110.76, while the 50-DMA was at Rs 106.28. 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