The Indian rupee slipped to its weakest closing level on record on Monday, pressured by a decline in the offshore Chinese yuan and broad-based dollar bids amid a prevailing bearish bias on the local currency.
In the Nifty500 pack, nine stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on July 21, according to stockedge.com’s technical scan data.
Several companies, including Pidilite Industries, Aditya Birla Sun Life AMC, and Novartis India, are set to distribute dividends, with July 23 being the record date.
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