Chart Verification: 97% of Nifty500 shares are trading above their respective 200-DMA


The sentiment and momentum in the Indian markets these days is extremely positive. Spurred by hope for a rebound in the global economy and encouraging news on the Covid-19 vaccine front, both national benchmarks are making their way into uncharted territory almost daily, with the Nifty50 index now pointing to the all-time high. of 14,000.

The general scenario is that of a strong buying sentiment. ALSO READ: 2021 Could Be The Year For Small And Midcaps, Analysts Say.

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First Posted: Tuesday Dec 29, 2020 12:11 PM IST

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