One97 Communications Stock Crosses VWAP

Economic Times Markets · stocks

One97 Communications was among four stocks that closed above their VWAP on the trading day. Closing above VWAP indicates that the stock's final price was higher than its average price, considering the volume of trades at different price points. VWAP gives more significance to prices where higher trading volumes occurred, providing a benchmark for intraday trading performance. This suggests positive intraday momentum for these specific stocks.