“While the majority of stocks trading above their 200-DMAs is a good sign, it also reflects the market breadth hovering in the overbought territory. This, however, does not show individual stocks are in an overbought zone, as that will be reflected by momentum indicators like RSI and MACD,” Gaurav Bissa of InCred Equities said.
Fed hike, rising US yields could trigger fresh selloff in Indian stocks
The Federal Reserve’s potential rate hike looms over global markets. US 10-year sovereign yields nearing five percent pose a significant challenge. This rise makes emerging
September 15, 2026