The Nifty50 started the week with a bullish candle and up move, with muted pace for most of the week was witnessed. It eventually closed higher by 1.34% or 166 points at 18,311 levels.
The ongoing correction is driven by a mix of valuation concerns, muted earnings growth, and global macro uncertainties. Rising geopolitical tensions and the risk of
In the Nifty500 pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on March 07, according to stockedge.com’s technical scan data.
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