Hence, we expect segments with high valuations to undergo consolidation in the near term, if it lacks new earning growth triggers. While we continue to find opportunities across the markets, we believe individual stock picking will be important in this market.
Positive Breakout: These 3 Nifty stocks cross above their 200 DMAs
In the Nifty50 pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on January 2, according to stockedge.com’s technical scan data.
January 3, 2025