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When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume.

When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume.

Stocks that were in focus include names like RIL, which rose 1.14%, Adani Green, which jumped 2.11%, and TCS, whose shares declined 1.05% on Wednesday.

Asian stocks rose on Thursday, with the Nikkei breaching a new 34-year peak, while the dollar took a breather near a three-month high as markets assess when the Federal Reserve is likely to start its easing cycle after a run of strong economic data.

Market-heavyweight Taiwan Semiconductor Manufacturing Company spiked as much as 9.8 percent in the morning session -- the biggest intraday rise since summer 2020, according to Bloomberg News.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.

Devang Shah of Axis Mutual Fund predicts a structural shift in demand-supply dynamics for Government bonds in 2024-25, driven by Index inclusion, FPI buying, and lower gross borrowing. He expects RBI to ease liquidity, cut rates, and lower yields. Investors can consider adding duration to their portfolios in fixed-income funds.

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Brent crude futures fell 34 cents, or 0.4%, to $81.26 a barrel at 0135 GMT, while U.S. West Texas Intermediate crude futures declined 36 cents, or 0.5%, to $76.28 a barrel.