Nifty 50 companies expect double-digit June revenue, profit growth, with net profit up 26.4% and 20.6% operating margins. Noted sectors’ improvements, geopolitical concerns, Maruti Suzuki’s volume growth, credit growth issues, moderate inflation effects, and rural consumption. Analysts predict 13% and 17% EPS growth in FY25 and FY26.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty200 pack, eight stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on May 29, according to stockedge.com’s technical scan data.