Yield on the 10-year benchmark government bond dropped to a low of 7.19% on Tuesday, five basis points lower than its closing level at the end of last week. The benchmark bond closed at 7.19% on Tuesday. Falling government bond yields lead to lower borrowing costs across the economy.
Positive Breakout: These 7 stocks cross above their 200 DMAs
In the Nifty 500 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 17, according to stockedge.com’s technical scan