Indian IT stocks face increased bearish bets. Traders are positioning for future declines, with significant open interest build-up in IT stock futures. This trend intensifies following AI automation tool launches. The sector’s growth trajectory is under scrutiny. Investors are closely watching upcoming contract expiries for further directional cues.
Positive Breakout: These 11 stocks cross above their 200 DMAs
In the Nifty500 pack, 11 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on February 23, 2026, according to stockedge.com’s technical scan