In the NSE Midcap pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 9, 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 … Read more
India will hike road toll charges across the country by 3-5% from Monday, officials said, after putting the annual increase on hold in April due to the country’s general elections. Toll charges in India are revised annually in line with inflation and highway operators put notices in local newspapers announcing hikes of 3% to 5% … Read more
Widely tracked companies such as Maruti Suzuki, Adani Enterprises, Adani Transmission, Titan, IndiGo, Bharti Airtel, Sun Pharma, SBI, M&M, Varun Beverages, and Bank of Baroda would be releasing their June quarter report cards this week. Here’s a list: July 31Maruti Suzuki, Power Grid Corporation of India, Adani Green Energy, Adani Transmission, GAIL, Bosch, UPL, Oberoi … Read more
Indian market recouped losses and closed higher on Monday. The S&P BSE Sensex rose nearly 500 points while the Nifty50 closed above 17300 levels. Sectorally, buying was seen in utilities, power, banks, the public sector, and energy while selling was seen in metals, realty, telecom, and capital goods. Stocks that were in focus included names … Read more