|
In the NSE Midcap pack, seven stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on June 6, 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
Sacheerome's IPO opens on June 9, aiming to raise Rs 61.62 crore through a fresh issue of equity shares, with listing on NSE SME platform tentatively set for June 16. The company, specializing in fragrances and flavors, plans to utilize the IPO proceeds for a new manufacturing facility and general corporate purposes, following a year of revenue growth and profitability.
Category:
News and Media
China's producer price deflation worsened in May, hitting a near two-year low, while consumer prices continued to decline amid trade tensions and a housing slump. Uncertainties from the U.S. tariff war and weak domestic consumption have fueled expectations of further policy stimulus. Cooling factory activity and cautious household spending are impacting the economy.
Category:
News and Media
All news |
||||||||||||||||||
|