The sharp surge in railway stocks was attributed to the anticipation of the government unveiling fresh investments for railway infrastructure development in the upcoming 2024 Budget. Also, expectations of strong Q3 results have contributed to the upward momentum in these railway stocks.
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed above their 200-day moving averages (DMA) on September 8, 2026, according to StockEdge’s technical scan data.