In the Nifty500 pack, 13 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on December 16, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates the stock’s price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:
President Donald Trump said Tuesday he is ordering a blockade of all “sanctioned oil tankers” into Venezuela, ramping up pressure...
Mumbai: The Securities and Exchange Board of India (Sebi) has alleged that Pranav Adani had shared price-sensitive information about Adani...
Paramount’s hostile bid for Warner Bros. showed signs of unraveling just moments after President Donald Trump aired fresh grievances about...
Several months ago, Ford CEO Jim Farley said ending the nearly two-decade-long EV tax credit would halve America’s electric vehicle...
Kolkata: India is likely to record a 7.5% real GDP growth in the next fiscal while the headline inflation will...
Ace investors Vijay Kedia bought nearly 9 lakh shares in SME stock Mahamaya Lifesciences via a block deal on Tuesday....
Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.
