Asian markets surged to record highs Tuesday, mirroring a US tech stock rebound. Investors are now focused on upcoming US jobs and inflation reports. These crucial economic indicators will likely influence the Federal Reserve’s interest rate decisions. Alphabet Inc. is also raising significant funds through a bond offering, signaling continued tech sector investment.
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.