Asian stocks are on track for their best weekly run since May. Technology shares are reaching new highs, driven by strong investor interest in artificial intelligence. This surge follows positive news from Taiwan Semiconductor Manufacturing Company, boosting confidence in the tech sector. US and European markets also saw gains, with chipmakers performing exceptionally well.
Negative Breakout: These 10 stocks cross below their 200 DMAs
In the Nifty500 pack, 10 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on April 2, according to stockedge.com’s technical scan data.