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. Trading below the 200 DMA is considered a negative signal because it indicates the stock’s price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:
Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce country’s import bill
The Indian government is scrutinizing over 500 imported products, including machinery, fertilizers, and electronics, to identify opportunities for domestic manufacturing and reduce reliance on foreign