Amnish Aggarwal of Prabhudas Lilladher suggests a positive outlook for the Indian market due to tax cuts, increased capital expenditure, and favorable monsoon forecasts. While global tariffs pose a risk, recent FII buying and corrected valuations offer near-term support.
Positive Breakout: These 9 stocks cross above their 200 DMAs
In the Nifty200 pack, nine stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on May 05, according to stockedge.com’s technical scan data.
May 6, 2025