Gold and silver prices fell on Monday. This drop occurred after US-Iran ceasefire talks failed and President Donald Trump announced a blockade of the Strait of Hormuz. Indians are now rushing to book gold. This is for the auspicious Akshaya Tritiya and the upcoming wedding season. Demand momentum is picking up across key markets.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMAs (Daily Moving Averages) on August 4, according to stockedge.com’s technical scan data.