Overvaluation, especially in mid and small caps, and weak corporate earnings have weighed on sentiment. A slowdown in rural and urban consumption, along with tightening credit, has added to the pressure.
In the Nifty 200 pack, 10 stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 20, according to stockedge.com’s technical scan
Patil Automation, a Pune-based automation and robotics solutions provider, is set to debut on the NSE SME platform following a highly successful IPO that was
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