Indian companies are increasingly choosing bank loans over corporate bonds. This shift occurs as corporate bond yields have surged, while bank lending rates remain steady. Market expectations of future policy rate hikes are also influencing this decision. This trend is evident in the strong growth of wholesale loans for major Indian banks.
Negative Breakout: These 8 midcap stocks cross below their 200 DMAs
In the NSE midcap pack, 8 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on May 18, according to stockedge.com’s technical scan