Market Now: Over 20 stocks hit fresh
Equity benchmarks erased the gains of opening session due to selling in bank, pharma and financial stocks.
MACD is a trend-following momentum indicator, and is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect ‘buy’ or ‘sell’ opportunities.
GAIL, Tata Consultancy ServicesBSE 0.58 %, Bharti AirtelBSE 1.33 %, Hindustan Unilever and Oil & Natural Gas Corporation were among the top gainers on the NSE, while Ambuja Cements, State Bank of India, Indiabulls Housing Finance, Axis Bank and Kotak Mahindra Bank BSE -0.94 % were among the top losers.
Over 20 stocks, including Bajaj Hindusthan Sugar, Gitanjali GemsBSE -4.87 %, Lakshmi Vilas Bank, Oriental Bank of CommerceBSE -2.15 % and Punjab National BankBSE -9.03 % hit fresh 52-week lows on the NSE during Tuesday's trade.
IT, metal, FMCG and auto indices were marginally up, while all other sectoral indices were in the red on the NSE.
 |
| Capitalstars financial research |
Over 20 stocks, including Bajaj Hindusthan Sugar, Gitanjali GemsBSE -4.87 %, Lakshmi Vilas Bank, Oriental Bank of CommerceBSE -2.15 % and Punjab National BankBSE -9.03 % hit fresh 52-week lows on the NSE during Tuesday's trade.
IT, metal, FMCG and auto indices were marginally up, while all other sectoral indices were in the red on the NSE.
MACD is a trend-following momentum indicator, and is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect ‘buy’ or ‘sell’ opportunities.
No comments:
Post a Comment