In the Nifty 500 pack, four stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on November 14, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:
Benchmark yield softens 5 Bps to 6.52%
Lower US yields and expectations of a rate cut by RBI in its monetary policy next week have also weighed on yields, treasury heads at