Tipsnews

Nifty 500: 350 stocks below 200-DMA; ACC, Hero Moto, HUL new additions

Nifty 500: 350 stocks below 200-DMA; ACC, Hero Moto, HUL new additions

Web Exclusive

Over 10 stocks slipped below their 200-DMA on Tuesday after the Nifty50 broke below its sentimentally important level of 16,400, while the Sensex lingered near 55,000-mark

Topics

Markets Sensex Nifty | Blue Star | Hero MotoCorp

As many as 368 stocks from the Nifty500 universe are witnessing bearish sentiment at the current juncture, with every upmove witnessing a selling pressure. Nearly 350 stocks are trading under their respective 200-DMA, with 14 new stocks slipping below their 200-DMAs on Tuesday, including the likes of ACC, Blue Star, Britannia Industries, Chambal Fertilizers & Chemicals, Escorts, Hero MotoCorp, Hindustan Unilever, MRF and Marico.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

Key stories on business-standard.com are available to premium subscribers only.


Already a premium subscriber? LOGIN NOW

SUBSCRIBE TO INSIGHTS

MONTHLY

Select

ANNUAL

Select

Best Offer

SMART ANNUAL

Opt for auto renewal and save Rs 300

Select

What you get on Business Standard Premium?

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, June 07 2022. 12:03 IST

Read More

Exit mobile version