There is indeed a shortage, and discounts have virtually disappeared, not just for air conditioners but also for refrigerators and air coolers. Companies like Voltas performed well initially, but their recent results, especially in the EMPS space, were disappointing.
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the Nifty500 pack, eight stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on February 6, according to stockedge.com’s technical scan data.
February 7, 2025