|
In the Nifty200 pack, five stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on May 15, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. 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. Take a look:
Category:
News and Media
Aditya Birla Capital's stock has surged following a strong Q4 performance, marked by double-digit growth in AUM and disbursements. The company's strategic shift towards secured loans, now 46% of the portfolio, has reduced lending risk. With improving asset quality and rising traction in high-margin personal loans, analysts project continued momentum and have raised target prices.
Category:
News and Media
Foreign portfolio investors net bought shares worth 5,393 crore on Thursday, taking their total purchase tally for May to 17,142 crore. In April, they were buyers to the tune of 3416 crore. Domestic institutions were sellers to the tune of 1,668 crore on Thursday.
Category:
News and Media
All news |
||||||||||||||||||
|