Asian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also surfaced over Apple’s potential chip purchases from China, impacting major players like Samsung and SK Hynix. Meanwhile, comments from Federal Reserve Chairman Kevin Warsh eased inflation worries, suggesting no immediate interest rate hikes. Positive signs emerged from US manufacturing, and geopolitical discussions offered a glimmer of optimism.
Positive Breakout: These 9 stocks cross above their 200 DMAs
In the Nifty 500 pack, 15 stocks saw their closing prices cross above their 200-day moving average (DMA) on July 1, 2026. Of these, we
July 2, 2026