Indian stock markets saw a significant downturn since September 2024. Many top companies experienced sharp declines. Over 700 NSE-listed stocks fell, with a large portion dropping over 20%. Smallcap and Microcap indices also registered substantial losses. This indicates a growing risk aversion in the market’s lower segments.
Negative Breakout: These 7 stocks cross below their 200 DMAs
In the Nifty 200 pack, seven stocks closed below their 200 DMA (Daily Moving Average) on March 9, according to StockEdge’s technical scan data. Trading