As international oil prices are once again nearing $100 per barrel, interest in ethanol is likely to increase, which could further help sugar stocks.
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.