Global equities rose, U.S. Treasury yields turned higher, and the dollar strengthened as positive economic data and strong earnings boosted investor confidence. Manufacturing output and single-family homebuilding increased. Wall Street’s major indexes saw substantial gains. The Fed’s data and optimistic housing and industrial production reports indicated potential slowed rate cuts. Oil and gold markets showed mixed responses.
Negative Breakout: These 9 stocks cross below their 200 DMAs
In the Nifty500 pack, nine stocks’ closing prices crossed below their 200-day moving averages (DMA) on September 21, according to technical scan data from StockEdge.