The NSE Nifty gained 1.11%, or 258.90 points, to close at 23,508.40. The BSE Sensex advanced 1%, or 740.76 points, to close at 77,500.57. For the week, both indices rose 1.8% in a relief rally marked by scepticism. They are down less than a percent in January.
Negative Breakout: Suzlon Energy among 8 stocks that crossed below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on July 28, according to stockedge.com’s technical scan data.