500 stocks above 200-DMA Keep swiping to read >>
Over 90% of NSE 500 stocks above 200-DMA, signalling a bullish trend
High levels of stocks above 200-DMA may precede a correction
Midcap and smallcap sectors outperform largecaps, driven by media, consumer durables, and PSU sectors
Stocks like IRFC, BHEL, and Adani Power gain over 20%, while 33 stocks in Nifty 500 deliver returns over 100% in the past year
Heightened interest in PSU and power sectors; analysts monitor the potential overbought conditions