Over the five trading sessions ending April 2, the Sensex benchmark slipped 1.01%, losing 749 points to close at 73,319. Although the index finished higher in three of the five sessions between March 25 and April 2, sharp declines in the other two sessions pulled overall performance into negative territory. Despite this weakness, nine stocks from the BSE small-cap index posted gains in all five sessions during that period. (Data Source: ACE Equity)
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.