
As the markets turned bullish over the past week, among the biggest beneficiaries have been finance and banking stocks, and the largecaps. The Nifty50, as well as the S&P BSE Finance Index both saw golden crosses, with SMA50 crossing over SMA200 on March 15 and holding steady today. Castrol India also made it to the golden cross list last week, even before Vanguard announced a big bulk deal buy in its shares.