Beyond the Buzz Into the Core
In the Nifty500 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on May 22, 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 the daily time frame, it is generally considered to be an overall uptrend. Take a look:
Indian frontline indices continued their losing streak for the fourth session in a row with massive selling pressure across the market breadth. Realty and metal stocks were the biggest losers while banks, auto and IT counters added to the pressure. As the S&P BSE Sensex settled at 76,330.01, plunging by 1048.90 points or 1.36%, the […]
Mumbai: Canara HSBC Life Insurance filed draft papers with the capital markets regulator for an initial public offering that could value the insurer at around ₹16,500 crore, based on its latest embedded value of ₹5,929 crore and assuming a price-to-embedded value (P/EV) multiple of 2.75x. The share sale will be entirely an offer for sale […]
Women are making waves in the world of finance, which is an exciting development of the last few years. While women now account for 22% of India’s stock market investors (a significant 6.8x surge since 2015), many are still letting their hard-earned money sit idle. It’s time for more women to take charge of their […]