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Market move● Neutral for Indian equities
Positive Breakout: These 6 stocks cross above their 200 DMAs
The brief
- Six stocks crossed above their 200-day moving averages
- Holding above the 200-day average is generally interpreted as an overall uptrend
- Sensex, Nifty plunge over 1%; realty shares skid
- Sensex tanks 730 points amid surging crude oil prices, geopolitical uncertainties
- Markets open lower as crude surge, FII selling and geopolitical jitters weigh on sentiment
- Sensex falls 900 points as crude rebounds; Nifty slips below 22,900
- Sensex over 700 pts down after longest weekly losing streak in years; crude soars above $106