The selloff in the domestic equity market has dragged the benchmark Nifty over 3 per cent down in September so far. The index slipped to 11,287 on September 11 from 11,680 on August 31. In the process, more than 20 stocks in the Nifty50 index have slipped below their 200- day moving average (DMA). The list included Adani Ports and Special Economic Zone, Bajaj AutoNSE 1.21 %, Bharat Petroleum Corporation, Bharti Airtel, Bharti Infratel, Eicher Motors, Grasim, Hero MotoCorpNSE -0.64…
Like good investing, it makes sense to diversify your cues
ET Intelligence Group: Much like the proverbial frog that fails to notice the slow increase in the temperature of water in the vessel, investors too, seem to have missed out on the broader weakness in the market. This is because investors and traders often take cues from the movements of benchmark indices, Nifty 50 and S&P BSE Sensex, to pick the wider trend. However, the ET Intelligence Group’s analysis of the gains and losses of stocks outside the indices reveals…