Rohit Srivastava sees positive trends in Indian markets despite volatility from events like Trump’s announcements and RBI policy. He highlights the bullish signals from RMI momentum indicators and anticipates improvements post-announcements. Realty sector shows short-term recovery, but long-term growth needs more time. Financials, especially NBFCs, remain attractive due to good valuations and expected RBI support.
Positive Breakout: These 9 stocks cross above their 200 DMAs
In the Nifty500 pack, nine stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on July 24, according to stockedge.com’s technical scan data.