In the Nifty 500 index, 427 stocks are trading below the 200 DMA, while 68 are above it, according to Axis Technical and Derivatives.
The Indian market is expected to consolidate on Friday, influenced by muted global cues. Nifty futures closed with modest gains, while India VIX fell. Experts
Markets have seen a significant recovery, driven by a reduction in interest rates and expected earnings growth. Domestic-focused companies, particularly in financial and engineering sectors,
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