“The medium-term outlook for the world economy actually does not look very promising. Let me say that some of the risks we are talking about will likely play out over 12—24 months, and not 3 to 6 months. But these are things that we have to keep at the back of our mind.”
Positive Breakout: These 7 stocks cross above their 200 DMAs
In the Nifty 500 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 18, according to stockedge.com’s technical scan