Poonawalla Fincorp among 4 stocks closed above VWAP, signalling a bullish shift

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AI summary

On July 6, four stocks in the Nifty500 pack closed more than 1.5 percent above their Volume Weighted Average Price (VWAP), a technical signal often interpreted as bullish. Poonawalla Fincorp was among the four stocks flagged in the scan. A closing price above VWAP indicates the stock ended higher than its volume-weighted average trading price for the day.