Moody’s Ratings has stated that despite India’s efforts to maintain fiscal discipline and reduce the fiscal deficit, these measures are not sufficient for an immediate sovereign rating upgrade. The debt burden and high interest payments remain substantial challenges.
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.