Death Crossovers: These 5 stocks signal further bearishness
The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside.
Hot Stocks: Global brokerages on Glenmark Life, Zomato and Hindustan Unilever
BofA Securities maintained a buy rating on Glenmark Life with a target price of Rs 560. Sustainable growth drivers are in focus.
Big Movers on D-St: What should investors do with Bank of Maharashtra, Nazara Technologies and Policybazaar?
Stocks that were in focus include names like Bank of Maharashtra which rose over 8%, PB Fintech was up 8%, and Nazara Technologies rose nearly 7% on Friday.
Volatility ahead, but the trend is positive: Analysts
The Nifty saw a tight range consolidation. Levels of 18,400- 18,300 are where the index faces resistance, and only a sustained follow-through above the same is likely to drive the index higher toward all-time highs. DII short positions in index futures at a 3-year high is a concern, while the India VIX is near the […]
No flight plan in sight, Jet lenders may sell 11 aircraft
Bankers say the Jalan-Kalrock consortium’s failure to pay the required amount even one-and-a-half years after the National Company Law Tribunal (NCLT) approved the resolution plan, has forced them to relook at their options.
Forex reserves pile-up may not keep pace
China is re-emerging as a competitor for international investors’ funds. As China begins to ease curbs and move to focus on the economy, it’s beaten down valuations vis a vis India’s steepest valuations could turn out to be India’s disadvantage and temper down flows.
FPIs increase bets on banks as credit growth picks up
The amount of FPI inflows in financial services during the fortnight is the highest in the sector since February 2021. As a result, the share of financial services in FPIs’ equity portfolio reached 32.28% as of November 15, 2022 – the highest in 18 months. Financial services is the highest weighted sector for the FPIs.
Sebi asks funds to reveal names, origin of investors
It is unclear what the regulator plans to do with the data, but industry persons said it could well be to check whether the comparatively easier regulations of angel funds are being misused to overcome restrictions on foreign direct investment (FDI) or indirectly acquire equity stake in a company.