The government, which banned non-basmati rice exports earlier this week, is likely to usher in more supply-side measures to tame the price rise going forward, Nomura said in a note. “We expect continued supply-side interventions, with inflation likely to be above 6 per cent levels in July and August, buoyed by sky-high vegetable prices,” Nomura economists said.
Positive Breakout: These 10 stocks cross above their 200 DMAs
In the Nifty 200 pack, 10 stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 20, according to stockedge.com’s technical scan