NBCC shares surged 3% to Rs 126 following a settlement with the Delhi government over a 42.46-acre land parcel, granting the PSU development rights. This resolution, coupled with recent approvals for infrastructure projects at Mumbai Port, has boosted investor confidence. The stock is up over 8% in two sessions and 34% year-to-date.
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.