The Indian rupee experienced a slight dip, trading at 89.24 against the US dollar on Thursday due to increased importer demand. However, foreign capital inflows into the stock market and a fall in crude oil prices provided some support. Domestic equity markets saw a positive start, with both Sensex and Nifty registering gains in early trade.
Negative Breakout: These 7 stocks cross below their 200 DMAs
In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on March 4, according to stockedge.com’s technical scan data.