Mutual fund managers adjusted portfolios in December, buying Swiggy and Zomato amid underperformance and favoring Tata Consultancy Services over Infosys. They also rotated allocations in InterGlobe Aviation following a selloff due to mass flight cancellations, preparing for the Q3 results season.
Negative Breakout: These 10 stocks cross below their 200 DMAs
In the Nifty500 pack, 10 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on April 2, according to stockedge.com’s technical scan data.