Technical charts of Polycab India, Voltas, KEI Industries and Lodha show the formation of a bearish pattern, namely 'Death Cross' on the daily scale; hence these stocks may see further downside.
Stock Market LIVE Updates: Benchmark equity indices BSE Sensex and Nifty50 were trading higher on Thursday, amid mixed global cues
The uptick in HAL share price came after the company posted a healthy set of Q3FY25 results
In the past six months, the Nifty Metal index has underperformed the market by falling 6 per cent as against a 4 per cent decline in the benchmark index
L&T share price outlook: L&T is trading below the 20-MMA, and now testing support at 100-WMA. Chart also shows formation of 'Death Cross'; trade below this key moving average can trigger a fresh fall.
Jubilant FoodWorks share price surged as the company posted robust performance in Q3 given the current state of QSR chains