 "equity market, stocks, share market")
The advance-decline ratio (ADR) for stocks traded on the BSE has remained below 1 for the second straight month until June 10.
If the market trend fails to improve, this will be the first time since March 2020 when ADR has remained below 1 for two successive months.
ADR gives an indication of market breadth. An ADR less than 1 indicates more stocks have fallen than those that have gained during the month.
So far this month, ADR is 0.93, with 1,777 stocks advancing and 1,912 declining, reveals the data by BSE.
The ADR for May was 0.84, with 1,718
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