In the Nifty50 pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on October 8, according to stockedge.com’s technical scan data.
Gautam Duggal, Head of Research at Motilal Oswal, sees limited PE re-rating potential, primarily in large-cap financials and capital market stocks. He favors earnings visibility
Bharat Global Developers’ shares fell 5% after SEBI suspended trading and banned promoters due to concerns over financial disclosures. The company’s stock surged 2,304% in
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