The emerging market crisis follows a very familiar pattern. In times of high liquidity cycle (while the Fed is easing), the money supply is abundant and reaches far-away shores to seduce the usual EM suspects to go for an overdrive on consumption-driven growth with borrowed capital.
Negative Breakout: These 7 stocks cross below their 200 DMAs
200 DMA: Rs 1429.84| LTP: Rs 1406.3