Global investors reduced their equity stake in India’s financial services sector in the latter half of May, selling shares worth ₹5,181 crore. This pace of selling was significantly lower than the first half of the month. Despite overall outflows, the metals sector saw substantial inflows, attracting nearly 60% of foreign investment.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty200 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on June 25, according to stockedge.com’s technical scan data.