Gaming stocks surged with Delta Corp leading 8% gains after reports of cabinet approval of the Online Gaming Bill. OnMobile rose nearly 4% and Nazara inched 0.5% higher. The bill seeks regulation and tighter controls on online betting . It also aims to formalise the industry, making online betting a punishable offence amid rising cases of fraud in recent months.
Negative Breakout: Suzlon Energy among 8 stocks that crossed below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on July 28, according to stockedge.com’s technical scan data.