Indian stock markets face uncertainty this week. Key factors influencing trading include the ongoing IT sector selloff and potential rebounds. US inflation data and upcoming GDP figures will shape interest rate expectations. Foreign investor flows, the Rupee’s movement against the Dollar, and technical chart patterns also play a crucial role. Geopolitical tensions add another layer of risk.
Negative Breakout: These 11 stocks cross below their 200 DMAs
In the Nifty 500 pack, the closing prices of 20 stocks fell below their 200-day moving averages on February 13, according to StockEdge.com’s technical scan