Asian Paints stock dropped after a weak December quarter. Softening demand, extended monsoon, and competition impacted sentiment. The company expects market share gains in waterproofing and home decor. Despite slower decorative volume growth, margins expanded due to lower raw material costs. Brokerages have trimmed earnings estimates. Cost savings and new products will support profitability as demand recovery remains gradual.
Positive Breakout: These 8 stocks cross above their 200 DMAs
As of July 29, 2026, 18 Nifty 500 stocks closed above their 200-day moving average (DMA). Among them, we highlighted the top eight that gained