Death Crossovers: These 5 stocks signal bearishness
In the NSE list of stocks, five stocks with a market cap of over Rs 1,000 crore are witnessing Death Crossovers, according to stockedge.com’s technical scan data. 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 […]
Positive Breakout: These 6 stocks crossed their 200 DMAs
In the Nifty500 pack, six stocks’ prices crossed their 200 DMAs (Daily Moving Averages) on April 21, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on […]
TVS Supply Chain to refile IPO papers, seek up to Rs 1,200 crore
In February last year, TVS Supply Chain filed the draft papers with the market regulator for an IPO with a fresh equity issue of up to ₹2,000 crore and an offer for the sale of up to 59.5 million equity shares by the promoter and existing investors. Last May, the company got Sebi’s nod to […]
Silver’s the new gold for your portfolio, can hit Rs 90,000 soon
Investors may want to add silver to their portfolios as the gold-silver ratio indicates a shift in preference to the cheaper metal, driven by recent rises in gold prices and increased industrial demand. Both gold and silver have risen about 11% so far in 2023, but analysts believe that the rally in silver prices could […]
Traders wait for calm to shatter with Fed ‘breaking stuff’
Despite recent market calm, bond traders believe the tranquillity is unlikely to last during May and June as the Fed is expected to increase interest rates. There are also political fears over the government’s potential non-resolution of the debt limit until it is close to default. Furthermore, banks are expected to temper their lending projects […]
IndiGo needs to outperform peers on earnings to curb turbulence
InterGlobe Aviation, India’s largest airline operator, has been experiencing volatility in its stock prices over the past few months despite better business fundamentals and an advantage in the sector due to a revival in passenger traffic. The decision of one of its promoters, Rakesh Gangwal, to reduce stakes in the airline in the next five […]
Vodafone Idea accuses Jio, Airtel of predatory pricing with unlimited 5G offers
Vodafone Idea has made a complaint to India’s Telecom Regulatory Authority (TRAI) that rivals Reliance Jio and Bharti Airtel are offering predatory pricing via their unlimited 5G plans. The charges are similar to those faced by Jio in 2016, following its commercial launch. Both Jio and Airtel have replied to TRAI and called for unlimited […]