Silver has touched record highs this week, crossing $60 an ounce for the first time. This surge is driven by strong industrial demand, persistent supply deficits, and global economic uncertainties. India has also seen unprecedented price rises. The market anticipates further gains, though a consolidation phase is expected in early 2026 before resuming an upward trend.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty200 pack, eight stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on May 29, according to stockedge.com’s technical scan data.