Fears that the Hamas-Israel conflict may widen into a bigger regional turmoil added to the negative sentiment. The fall in global crude prices did not aid sentiment.
Dipan Mehta, Director at Elixir Equities, suggests caution for investments in KPIT, Paytm, Hyundai, Reliance Industries, and TVS Motors. He recommends careful consideration due to
In the Nifty200 pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on October 23, according to stockedge.com’s technical scan data.
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