Asian stocks continued to rise as China’s new stimulus measures and record highs in US benchmarks boosted market sentiment. The S&P 500 reached its 42nd closing record this year, while Chinese shares listed in the US surged. Traders await further details on China’s stimulus and upcoming US economic indicators.
Positive Breakout: These 6 stocks cross above their 200 DMAs
In the NSE large-cap pack, six stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on April 11, according to stockedge.com’s technical scan