The Nifty’s recent surge above its 200-Day Moving Average signals a bullish trend among blue-chip stocks, though optimism isn’t universal. Axis Securities reports 226 of the top 500 stocks are trading above this key indicator, up from 95 in March.
NSE shares fall 2%, trade marginally above IPO price after debut. Why are Macquarie, other brokerages bullish?
NSE shares fell by 1.6% to Rs 1,790 following its stock market debut on Thursday. Brokerages Macquarie and Emkay assigned positive ratings, citing growth potential