Over 80% of Nifty500 index are trading below their 200-day moving averages

Stocks like Sterling and Wilson Renewable, Honasa Consumer, Whirlpool of India, Adani Green Energy and Chennai Petroleum Corporation have seen the widest gap in the Nifty500 index. These stocks are trading anywhere between 40% to 50% away from their respective 200-day moving averages.

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