Despite continued buying by mutual funds and retail investors over two quarters, several stocks have delivered weak returns, with many falling over 25% in six months. The data highlights that institutional accumulation does not always translate into near-term gains, even as a few stocks posted strong upside.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty200 pack, eight stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on May 29, according to stockedge.com’s technical scan data.