Oil prices saw a minor dip on Thursday following significant gains. This movement occurred amidst stalled peace talks between Iran and the United States. Both nations continue to restrict trade through the vital Strait of Hormuz. U.S. oil exports reached a record high as global demand increased due to disruptions linked to the Iran war.
Negative Breakout: These 7 stocks cross below their 200 DMAs
In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on April 22, according to stockedge.com’s technical scan data.