Indian stock markets are poised for continued optimism, with analysts anticipating new record highs for Nifty and Sensex by year-end, contingent on supportive global cues and domestic earnings. October saw a significant rally driven by strong corporate results, FII inflows, and easing global yields, though some consolidation is expected due to higher valuations.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty200 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on June 25, according to stockedge.com’s technical scan data.