As Indian markets approach record highs, strategist Sunny Agrawal identifies opportunities in lagging sectors like IT, expecting a turnaround driven by potential US-India trade deals and under-ownership. He also favors hospitality stocks, citing strong demand, and selectively recommends agrochemical players like PI Industries and Vinati Organic despite broader chemical sector struggles.
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.