Bullish momentum brewing? 80% of NSE500 stocks now above 50-day average, says Axis Securities

April 23, 2025

Indian equities rallied for the seventh day, with 80% of NSE500 stocks above their 50-DMA, signaling broad bullish momentum. Historical data suggests continued gains, though technical warnings urge caution.

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SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions

SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with

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ETMarkets Smart Talk| Markets at an inflection point; expect 40–50% gains over 36 months: ASK Hedge Solutions’ Vaibhav Sanghavi

Indian stock markets are at a key turning point. Experts predict a strong rally over the next two to three years, potentially delivering 40-50% returns.

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