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 December 24, 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 […]
Ventive Hospitality IPO allotment expected soon: Check status, GMP, listing date and other details
The share allotment of Ventive Hospitality IPO is expected to be finalized soon. Investors can check their allotment status on the BSE website or Kfin Technologies website. The shares are likely to be listed on December 30. Ventive Hospitality received a good response with an overall subscription of over 10 times.
Stocks to buy today: Amber Enterprises, SBI and Sagility India on investors’ radar
Domestic markets ended flat in a volatile trade due to lack of fresh triggers. Amber Enterprises, SBI, and Sagility India were notable stocks, with analysts recommending buys at dips, highlighting potential for medium-term gains despite overbought conditions and selling pressures.
Most Asian stocks rise amid thin holiday trading
Japan’s Nikkei 25 Stock Average advanced for a second day, with retail shares rising after a travel pact was agreed with China. Australia and Hong Kong are still closed for the Christmas break. US equities were bolstered Tuesday by a rally in technology share, with the S&P 500 rising more than 1% amid thin trading.
Stakeholders seek rollback of TDS on listed bond coupons
While the policy is aimed at improving tax compliance, it has created unintended challenges for fixed-income investors, particularly retail participants, an official said on Tuesday.
China seeks to spur growth by giving local officials bond leeway
The State Council guidelines also allowed the bonds to make up a greater proportion of a project’s overall investment when used as equity capital. More areas including information technology, elderly care and childcare are eligible for investment.
Lenders show sustained profit growth amid fall in NIM pressure
The extent of net profit has improved significantly over the past few quarters. The sample’s net profit in the latest quarter was two-and-a-half times ₹36,741 crore reported in the September 2021 quarter.
MFs court investors with new themes; wealth managers advise small exposure
The chosen avenue for generating alpha, these funds opened a new plan almost weekly, on average, and drew record subscriptions, showed data from the Association of Mutual Funds of India (AMFI).
India Cements’ Srinivasan, other promoters exit company board
The Aditya Birla Group firm has completed the acquisition of 10.13 crore equity shares of India Cements (ICL), representing 32.72% of the equity share capital of the company.
I-Banks reap big bucks in share sale deluge
India’s ECM volumes surged past $70 billion in 2024, overtaking major markets like China and Japan and cementing its position as the world’s second-largest ECM deal hub, behind the US.