Investors seeking high-risk opportunities can consider the Nifty IT index fund. The sector has faced headwinds, leading to underperformance and attractive valuations. Fund managers see this as a good entry point. Indian IT companies are navigating AI’s impact, presenting both challenges and opportunities. Global corporations will continue to depend on IT service partners for AI initiatives.
Negative Breakout: These 8 midcap stocks cross below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200-day moving averages (DMA) on September 24, according to technical scan data from StockEdge.