“You don’t want to brainlessly or mindlessly follow an index, right?” said Donald Calcagni, chief investment officer of Mercer Advisors Investment Management. “It’s an opportunity to rethink our emerging-market allocations and take a more flexible approach to how we think about geographical diversification.”
Negative Breakout: These 13 stocks cross below their 200 DMAs
In the Nifty500 pack, 13 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on December 16, according to stockedge.com’s technical scan data.