Stock market outlook: On the technical front, Nifty 50 index decisively slipped below its key 200-day EMA and closed below it, signaling a negative trend. Adding to the weakness, the 21-day EMA has crossed below the 55-day EMA, confirming bearish momentum.
Recent Posts
- Kotak Mahindra Bank responds over alleged fraud: Initiated ‘detailed reconciliation’ of FDs to Panchkula Municipal Corp
- Top Gainers & Losers on March 25: PCBL Chemical, Reliance Power, Kaynes Tech, Indian Bank among top gainers
- Vivid Electromech IPO Day 1: Issue booked 38% so far; check GMP, issue details
- Zerodha co-founder Nithin Kamath’s warning to investors: This is not the market to take big bets
- UBS downgrades Indian stocks to Neutral as Iran war raises energy supply risks