In the Nifty500 pack, six stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on April 24, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:
There is more scope for Indian investment in the UK than the other way around: Swaminathan Aiyar
Swaminathan Aiyar suggests India holds a strong position as an investor in the UK, particularly with the Tata Group’s significant presence. Relaxed social security deductions