Over the last five trading sessions concluding on August 16, the benchmark equity index Sensex rose by around 2%, closing at 80,437. Gains were observed in three out of the five sessions.
The ongoing correction is driven by a mix of valuation concerns, muted earnings growth, and global macro uncertainties. Rising geopolitical tensions and the risk of
In the Nifty500 pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on March 07, according to stockedge.com’s technical scan data.
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