It all points to evidence that local-currency bonds, which have been the standout trade in emerging markets this year, are now facing tougher competition from stocks. While investors including Bank Julius Baer & Co. and Brazil’s Legacy Capital argue that there’s still money to be made in debt markets, bigger gains will come from stocks.
Positive Breakout: These 3 stocks cross above their 200 DMAs
In the NSE large cap pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on April 3, according to stockedge.com’s technical