Among others Dr. Reddy's, Apollo Hospitals, M&M Finance, Muthoot Finance, Tata Power, Balrampur Chini and Sammaan Capital soared up to 20% from recent lows to cross the long-term average, shows data.
Sarda Energy & Minerals shares jumped 8 per cent after the Supreme Court struck down all legal obstacles against its takeover of SKS Power Generation
In general, 'Death Cross' is considered as a bearish indicator. Technical analyst, Hitesh Tailor examines GRSE and Jio Financial stock charts and explains why the bias seems negative here.