Indian markets, which would open after a gap of one day, are likely to open on a strong note following strong global markets. Among the sectors that have recently underperformed on relative terms, IT stocks are showing a good resumption of momentum on the upside.
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the Nifty500 pack, eight stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on February 6, according to stockedge.com’s technical scan data.