Negative Breakout: These 15 stocks cross below their 200 DMAs
The 200 DMA is a key indicator traders use to determine the overall trend in a particular stock. Take a look:
Profit by knowlytics
The 200 DMA is a key indicator traders use to determine the overall trend in a particular stock. Take a look:
As per Sebi’s T+1 settlement cycle, investors must buy a company’s shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action
Asian shares advanced as regional chipmakers gained on artificial intelligence buildout expectations. Oil extended its rally after Houthi militants targeted Saudi Arabian tankers in the Red Sea. Alphabet Inc. raised its capital spending significantly, impacting US equity futures negatively. Investors are scrutinizing megacap earnings for AI return on investment signs. Geopolitical tensions and rising energy…
Indian markets experienced a decline on Wednesday due to global and geopolitical concerns. IndusInd Bank reported a significant profit increase while Eternal saw substantial net profit growth. BPCL, however, posted a considerable loss in the first quarter. Adani Green announced a moderate profit rise, and Dr Reddy’s profit declined. Several other companies like Infosys will…
India’s benchmark indices ended lower on Wednesday, as crude oil prices increased. The Nifty50 and Sensex experienced significant drops, falling below key levels. Midcap and smallcap stocks also saw declines, reflecting broad market weakness. Most sector indices ended in negative territory, except for FMCG and Auto. Brent crude oil prices rose, impacting investor sentiment across…
Nestle India shares reached a record high after a strong June quarter performance. Revenue growth accelerated significantly year-on-year, reaching 25.2 percent. However, operating margins moderated sequentially due to increased advertising investments. Exports also showed steady growth, driven by market penetration and product additions. The company anticipates continued healthy demand supported by premiumization and innovation.
Indo-MIM plans a ₹500 crore IPO for debt and corporate needs. The company will also raise ₹3,312 crore through an offer for sale. Its global market share in metal injection moulding is significant. Revenue and profit have shown strong annual growth in recent years. Risk-tolerant investors may consider this long-term opportunity.
Maharashtra State Electricity Distribution Co has appointed eight investment bankers for its proposed initial public offering. This significant issue could potentially raise between eight thousand and ten thousand crore rupees. The offering will mark the first-ever IPO by the Maharashtra government and a state-run discom. Mahavitaran, the brand under which MSEDCL operates, will be listed….
India’s external sector shows steady improvement, boosted by foreign investment inflows. The economy remains strong despite global uncertainties and trade disruptions. Foreign exchange reserves provide ample cover for imports and external debt. Exports and imports saw strong growth in the first quarter of this fiscal year. Bilateral trade agreements will further enhance India’s external trade…
Mauritius cabinet ratified a tax protocol granting Indian officials more questioning powers. This allows direct challenges to offshore entities suspected of tax evasion. The principal purpose test will deny treaty benefits if tax avoidance is a primary aim. This change follows the Tiger Global verdict and strengthens genuine substance requirements. The protocol aims to ensure…