Positive Breakout: These 4 stocks cross above their 200 DMAs

In the Nifty500 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on November 27, 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 […]

Asian stocks fluctuate, bond yields Slip

Shares in Japan swung between gains and losses while those in Australia climbed alongside Hong Kong equity futures. Contracts for US stocks edged up after the S&P 500 fell 0.4% Wednesday, retreating from a record high in the prior session. The Nasdaq 100 dropped 0.9% as tech stocks weighed on the US market. Nvidia Corp. […]

As Indian markets remain expensive, investors can allocate 15% to US equities

“Investors should look at the US market for portfolio diversification. An ideal balanced or moderate investor should look at a portfolio allocation of 50:50 equity and debt and within the equity allocation have 30% equity in US stocks (15% overall),” said Ashish Ranawade, head of products at Emkay Wealth Management.

Mood at core sector companies positive, discretionary outlook cautious

Most management teams highlighted a moderation in domestic demand, particularly in commercial vehicles and passenger vehicles, with volume guidance revised downward for high-growth two-wheelers, according to the brokerage. Auto ancillary firms with overseas exposure also saw weak demand. While raw material costs remain stable, benefits from commodity softening are being offset by rising operational costs.

Afcons gains traction on Street with margin boost, order flows

Afcons Infrastructure, a recently listed company, has seen a positive market response after its Q2 results. Despite a YoY revenue decline, margin improvement and order book growth are key positives. The company’s order book has increased to Rs 34,152 crore, with a significant portion in the urban infrastructure and hydro segments. The book-to-bill ratio has […]

No bribery charges, $55 billion hit on m-cap: Adani Group

Adani Green Energy Ltd said group founder chairman Gautam Adani, his nephew Sagar Adani, and senior executive Vneet Jaain have not been charged with violations of the US Foreign Corrupt Practices Act (FCPA) over bribery, nor is the civil complaint filed by the US Securities and Exchange Commission (SEC) based on this