On the weekly chart, the index formed a small negative candle with a long lower shadow, which suggests the formation of a bullish hammer-type candle pattern at the lows.
Indian stock markets are showing more reasonable valuations after recent volatility. This positioning is expected to attract emerging market investment flows. Earnings growth is showing
In the Nifty500 pack, 14 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on February 12, according to StockEdge.com’s technical scan data.
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