Positive Breakout: These 11 stocks cross above their 200 DMAs
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.
Profit by knowlytics
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.
Indian markets experienced a volatile session ahead of monthly expiry, with the Nifty closing lower at 23,866. Geopolitical tensions in West Asia are expected to keep investor sentiment cautious, despite a dip in crude oil prices. Analysts suggest a mixed trend for equities, with the Nifty potentially hovering around 24,000, but a break below 23,800…
Indian markets experienced a volatile yet narrow trading range, concluding marginally lower as consolidation persists. Analysts await a decisive breakout above 24,200. Key stocks like Tata Motors, HDFC Bank, IndiGo, Coal India, and Kotak Mahindra Bank are in focus due to significant developments including new product launches, executive appointments, and strategic investments. Coal India plans…
Indian stock markets have seen a flat performance recently, but historical data suggests this could be a precursor to stronger gains. A study indicates that after similar periods of stagnation, the Nifty has historically delivered robust returns over one and three-year horizons. Fund managers believe large-cap stocks, now trading at attractive valuations, offer a favorable…
A combination of primary infusion and secondary share sale is planned as valuation doubles to $3 billion in 3 years. Sajjan Jindal led group is set to emerge as the single largest shareholder in the country’s 3rd largest EV passenger car maker.
Global fund managers are reconsidering their exit from Indian stocks as falling oil prices and rupee stabilization ease key investment concerns. Daily foreign selling has slowed, and inflows into India-focused ETFs have turned positive. While some see India as oversold with attractive valuations, sustained earnings growth is crucial for a long-term market rerating, with analysts…
Asian markets surged, mirroring a strong US performance driven by chipmaker gains and resilient economic data. Investors are largely overlooking geopolitical tensions, betting on continued corporate earnings growth. The yen’s sharp decline to a 40-year low is drawing attention, while progress in US-Iran talks offers a glimmer of stability. This optimism suggests a robust market…
Securities and Exchange Board of India (Sebi) is proposing significant governance changes for alternative investment funds. The regulator aims to standardize investor consent, enhance oversight of conflict-of-interest deals, and introduce a uniform 75% approval threshold for key decisions. This move seeks to address inconsistencies in current rules and ensure greater transparency and fairness for investors…
Indian equities are poised for a positive July, building on historical trends and recent market strengths. Easing crude oil prices, a stable rupee, and reduced foreign selling are fueling optimism. Analysts anticipate the Nifty could climb 2-3% from current levels, with mid and small-cap stocks expected to lead the rally. Investors are closely watching geopolitical…
Kotak Mahindra Bank is set to acquire Deutsche Bank’s retail, private banking, and wealth management operations in India. This significant deal, involving approximately ₹29,000 crore in loans and ₹16,000 crore in deposits, will bring around 150,000 new customers and 1,000 employees to Kotak. The acquisition aims to bolster Kotak’s focus on affluent and SME clients,…