In the Nifty200 pack, eight stocks’ closing prices crossed below their 200-day moving averages (DMA) on October 21, according to technical scan data from StockEdge. Trading below the 200 DMA is generally considered a negative signal, as it suggests that a stock’s price is below its long-term trend. The 200 DMA is a widely used technical indicator that helps traders assess a stock’s overall trend.
Subhadra Yojana fifth installment was released on Friday, 28 August — the flagship scheme of Odisha government to empower women through direct financial support. Odisha Chief Minister Mohan Charan Majhi released over ₹5,160 crore funds, benefiting eligible women in the age group of 21 to 60 years. The tranche payment of ₹5000 is directed towards…
A small merchant discount rate (MDR) on select Unified Payments Interface (UPI) transactions is unlikely to have a major impact on transaction volumes, Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Wednesday after the October monetary policy review. Asked whether the introduction of MDR from 15 October could lead to a fall in…
Quant Small Cap Fund, the largest fund managed by Quant Mutual Fund, made a complete exit from ICICI Bank and five other stocks in September, whereas it reduced its stake in Zydus Wellness and five more stocks in the same period, according to the monthly portfolio disclosed by the fund house. The monthly data further…
Mumbai: Gold and silver exchange-traded funds (ETFs) fell as much as 2% on Thursday even as global precious metal prices remained largely steady, as investors priced in a possible cut in import duties by the government that would lower domestic gold and silver prices. Gold ETFs fell between 1.3% and 2.3% at Thursday’s close, while…
New Delhi [India], July 12 (ANI): A potential NSE listing is positioned as the final step to “complete the trioka” of India’s market infrastructure, with forward-looking benefits expected in transparency, valuation discovery and global index inclusion, according to a research report by Jefferies. The report argued that an IPO would be a near-term catalyst. “NSE…
Bitcoin traded near the $86,000 mark on Wednesday after US spot Bitcoin ETFs recorded their largest single-day inflow in 11 months, at $999 million. The cryptocurrency was last trading at $85,938. In the past 24 hours, Bitcoin and Ethereum were down 0.02%. Among the major altcoins, BNB, XRP, Solana, Dogecoin, Cardano gained upto 4.43% whereas…