Seasoned voices like Dinshaw Irani expressed unwavering confidence in the market’s trajectory, anticipating new highs this year. He dismissed valuation concerns, highlighting strong earnings growth across market caps as the primary driver. Irani is particularly excited about smallcaps, seeing significant potential for growth once foreign investors rejoin the rally.
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.