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 data. Of these, we have highlighted 11 stocks that slipped by about 2% or more. Trading below the 200 DMA is considered a negative signal as it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used as a key indicator by traders to determine the overall trend in a particular stock. Take a look:
End of rate cuts, ample liquidity: Why short-end yields above 7% look attractive, says Devang Shah
Fixed income investors should recalibrate strategies as RBI nears the end of its rate-cut cycle. With comfortable liquidity and low rate hike probability, short-term AAA