Advance-decline ratio set for best showing in a year
Business Standard|April 18, 2024
The advance-decline ratio (ADR), a barometer for overall market sentiment, has improved sharply this month amid a broad-based recovery in stock prices from their lows in March.
Advance-decline ratio set for best showing in a year

If the momentum sustains, the ADR this month could be best in 12 months.

Last month, ADR worsened to 0.8 amid a rout in the smallcap space. With 2,453 stocks advancing and 1,851 declining so far this month, the ADR currently stands at 1.3, the best since April 2023.

This story is from the April 18, 2024 edition of Business Standard.

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This story is from the April 18, 2024 edition of Business Standard.

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