“Investors should look at the US market for portfolio diversification. An ideal balanced or moderate investor should look at a portfolio allocation of 50:50 equity and debt and within the equity allocation have 30% equity in US stocks (15% overall),” said Ashish Ranawade, head of products at Emkay Wealth Management.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMAs (Daily Moving Averages) on August 4, according to stockedge.com’s technical scan data.