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In the NSE large cap pack, 8 stocks' close prices crossed below their 200 DMA (Daily Moving Averages) on July 25, according to stockedge.com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. The 200 DMA is used as a key indicator by traders to determine a particular stock's overall trend. Take a look:
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Stock-index futures increased following a US-EU trade agreement, imposing 15% tariffs on most EU exports, which averted a potential trade war. S&P 500 contracts and European stocks rose, while the euro strengthened. Investors are anticipating a busy week with key data releases, including Federal Reserve and Bank of Japan meetings, and earnings reports from major companies.
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Tata Trusts is convening a strategic meeting to address Tata Sons' listing status as the RBI deadline approaches, potentially considering board additions like Uday Kotak and Bahram Vakil. With Ralf Speth and Ajay Piramal nearing retirement, board-level changes are anticipated.
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News and Media
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