Japan’s Topix stock index reached an all-time high on Friday. Easing concerns about the nation’s debt provided a boost to shares. The government approved a record budget for the next fiscal year. This budget aims to balance proactive fiscal policy and debt management. Benchmark Japanese government bonds also gained slightly. This indicates a positive outlook for the Japanese stock market.
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.