Positive Breakout: Voda Idea, TCS & 7 stocks cross their 200 DMAs
The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend in a particular stock.
ETMarkets Fund Manager Talk-Accrual funds likely to drive larger returns on debt side in near term: Kaustubh Gupta, Aditya Birla AMC
While the US central bank policy actions do have a bearing on the local policy rates as well, for now, we think RBI’s action will be driven by local macros.
Golden Crossovers: Ashok Leyland among 7 stocks signalling further bullishness
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.
Maharashtra govt advises farmers to hold back kharif sowing
Maharashtra has advised farmers to begin sowing operations only after receiving 80-100 millimetres of rainfall to avoid the instances of resowing. The advisory issued as the state has received just 11% of the normal June rainfall, and just a little over 1% of the kharif sowing has been completed till date.
Stocks to buy today: HDFC, Indiabulls Housing among 10 trading ideas
The Indian market is expected to consolidate amid mixed global cues, as India VIX increased by 1.44%, while smaller ranges are being seen on the volatility front. The weekly maximum call OI is at 19,000 and the maximum put OI is at 18,800, suggesting a shift in the broader trading range between 18,600 to 19,000 […]
At multi-year highs: BoB among 10 stocks that gave 5-year breakouts
In the Nifty500 pack, 10 stocks crossed their previous 5-year high value at the close on June 21, suggesting bullishness in counters
ETMarkets Smart Talk: We expect Nifty 50 earnings to grow at a CAGR of 15% over the next two years: Nishit Master
We expect Nifty 50 earnings to grow at a CAGR of 15% over the next two years, providing enough cushion from a valuation perspective in the medium to long term.
HDFC AMC, Shriram Finance likely to rise more after big investor exits
HDFC AMC shares rallied 11.28% on Tuesday after Abrdn Investment sold its entire 10.2% stake through open market transactions for ₹4,079 crore. Abrdn was a co-promoter of HDFC AMC with HDFC. The stock fell 2.6% to ₹2,049 on Wednesday.
Carlyle to sell 2.53% in Delhivery today
Carlyle, through an entity named CA Swift Investments, is offering 18.4 million shares of Delhivery at a price of ₹385.5 per share, a discount of 0.8% to the stock’s closing price of ₹388.6 per share on the National Stock Exchange on Wednesday.
PTC India Fin Services CMD Pawan Singh sent on leave
PFS, which has been battling allegations of corporate governance lapses, has in the past year and a half seen resignations by several independent directors and got show-causes notices from both the stock market and banking regulators.