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.
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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.
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Ahead of the listing, the IPO is commanding a grey market premium (GMP) of -Rs 51, implying a 6.31% discount to the upper price band of Rs 808 per share. Based on the current GMP, the estimated listing price is around Rs 757, suggesting a weaker-than-expected market debut.
Investor enthusiasm remains high ahead of the listing, with the company’s shares commanding a grey market premium (GMP) of around Rs 50, translating to nearly 36% above the upper issue price of Rs 138. Based on current GMP trends, the stock is expected to list at around Rs 188 per share, suggesting healthy listing gains…
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…
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…
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.
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…
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…
Fintech lenders now dominate India’s small personal loan market, holding over half of loans under Rs 50,000 by March 2026. This rapid expansion, however, comes with rising delinquencies, reaching 6.4% for fintechs, significantly higher than banks and NBFCs. A large portion of these loans are unsecured and target younger borrowers, signaling increased risk in this…