Asian markets rise ahead of Powell’s testimony and US earnings season. Investors eye Fed’s rate cut outlook and China’s policy meetings. Bond markets react to PBOC actions. S&P 500 hits new high. Earnings season expectations increase. Oil stable amid Hurricane Beryl. Gold rebounds from previous losses.
Positive Breakout: These 4 stocks cross above their 200 DMAs
In the Nifty500 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on February 12, according to stockedge.com’s technical scan data.