More than 40% stocks in NSE500 back above 200 DMA now. Is the market turning stronger? - Moneycontrol

8/2/2022 12:00:00 AM2 years 9 months ago
by Sunil Shankar Matkar
by Sunil Shankar Matkar
The Nifty50 has rallied 14 percent from June lows of 15,183 to 17,340 levels on August 1. With this recovery, the rally has also broadened with midcap and smallcaps participating.
After making a bottom in June, the mood of the market has significantly changed in the last month and a half, and pushed the benchmark indices to a more than three-month high. A rally of about 14 per… [+4734 chars]
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