The fourth quarter earnings season is gaining traction, with key companies like Maruti Suzuki and RIL set to announce their results. RIL anticipates a profit decline despite revenue growth, while Maruti Suzuki expects revenue growth but faces profitability challenges due to rising costs. Analysts have mixed views on Maruti’s net profit, with some predicting growth and others forecasting a decline.
Negative Breakout: These 9 stocks cross below their 200 DMAs
In the Nifty500 pack, nine stocks’ closing prices crossed below their 200-day moving averages (DMA) on September 21, according to technical scan data from StockEdge.