Market Movers: Dr Reddy’s, Cadila Health surge; 112 stocks blink buy
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Synopsis
Despite weakness in headline indices, as many as 112 stocks listed on the NSE gave buy signals based on MACD indicators. The list included PNB, JSW Energy, Zee Entertainment Enterprises, and Kotak Mahindra Bank.
Shutterstock.com For the day, the Nifty50 index ended 0.3 per cent, or 39 points, lower at 14,834.9, while the BSE-Sensex closed at 49,591.32, down 155 points or 0.3 per cent.
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MUMBAI: Benchmark equity indices had a tepid day today as investors remained concerned over the impact of sharp rise in COVID-19 infections on the country’s economic recovery and corporate earnings.