Golden Crossovers: These 4 stocks signal further bullishness
In the NSE list of stocks, four stocks with a market cap of over Rs 250 crore are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks’ […]
Big Movers on D-St: What should investors do with HCL Tech, Campus Activewear & Raymond?
Fear gauge India VIX shed about 2 per cent, whereas realty, FMCG and PSU indices gained 2 per cent, followed by one per cent rise in auto, power, utilities, IT and energy sectors each.
What changed for market while you were sleeping
Asian stocks opened mostly lower Thursday after shares on Wall Street eased overnight ahead of the release of US inflation data. MSCI’s index of Asia-Pacific shares outside Japan was trading 0.42 per cent lower.
Stocks in the news: ITC, Power Grid, PVR, Tata Power, BHEL and IT stocks
Infosys, MindTree, Angel One, Cyient, Anand Rathi Wealth, Den Networks, Aditya Birla Money, Roselabs Finance and more are among the companies that will announce their results for September 2022 quarter today.
Crypto hackers set for record year after looting over $3 billion
At least $718 million has been stolen so far in October alone, taking the gross tally for the year past $3 billion and putting 2022 on course to be a record for the total value hacked, according to blockchain specialist Chainalysis Inc.
Top-tier IT cos’ Q2 results hint at stable margins, sustained orders
Of the three top-rung IT exporters that have so far declared results for the September quarter, TCS and Wipro reported 4% and 4.1% sequential growth, respectively, in the dollar-denominated revenues while HCL Tech’s growth rate was marginally lower at 3.8%.
Sebi issues guidelines for inter-operable regulatory sandbox
The move is aimed to facilitate testing of innovative hybrid financial products and services falling within the regulatory ambit of more than one financial sector regulator.
Volatility no worry, 150 of Nifty 500 stocks trading in bullish formation
Most stocks trading above the three key indicators are in sectors such as consumers, pharmaceuticals, capital goods, infrastructure, public sector enterprises, and select banks. Majority of the IT stocks are below crucial moving averages, a reflection of investor aversion at this juncture.
Indian energy firms join hands to develop a carbon market
India is one of the world’s biggest greenhouse gas emitters and it aims to reach net zero emissions by 2070. Prime Minister Narendra Modi wants India to become an industrial powerhouse while also cutting emissions by 60 million tonnes a year by 2030, highlighting the importance of a robust carbon trading market.
High inflation: RBI will have to explain to government
The central bank has raised the key policy rate by a cumulative 1.9 percentage points in four successive reviews beginning May to 5.9%, above pre-pandemic levels. Last month, the RBI retained its inflation projection for FY23 at 6.7% while lowering the growth forecast to 7% from 7.2% estimated earlier. On March 31, 2021, the Centre […]