A railways PSU-focused ETF delivered a sharp 16% gain in just one week, as per ETMutualFunds analysis. The Groww Nifty India Railways PSU ETF rose 16.41%, while the corresponding index fund returned 16.35%. Both are benchmarked against the Nifty India Railways PSU Index – TRI, which surged 16.46%, reflecting renewed investor interest in the sector.
Negative Breakout: These 7 stocks cross below their 200 DMAs
In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on March 4, according to stockedge.com’s technical scan data.