Indian stock markets are bracing for a weak opening this week. Rising oil prices due to US-Israeli actions against Iran are a major concern. This geopolitical tension could push crude oil prices to $100 a barrel. Investors are likely to shift towards safe-haven assets like gold and the US dollar.
Negative Breakout: These 13 stocks cross below their 200 DMAs
In the Nifty500 pack, 13 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on February 27, according to stockedge.com’s technical scan data.