SRF, Devyani, Sumitomo have witnessed the formation of 'Death Cross', while Sona Coms and PI Industries saw a negative crossover on the MACD indicator, show the stocks daily chart.
Kotak Securities believes that disappointing Kharif season and US tariffs may dent earnings of Specialty chemicals companies. Technical charts flag up to 19 per cent downside risk for these 5 stocks.