In the BSE list of stocks, four stocks with a market cap of over Rs 200 crore are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks’ 50-day simple moving averages (SMA) crossed their 200-day SMAs on November 30. Take a look:
FPI inflows into Indian G-Secs dry up as US rate hike looms
Foreign investors are reducing positions in Indian debt after a key index inclusion was delayed. Inflows into Indian debt have significantly slowed down over the