When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume.
Fear is back on Dalal Street… Is it time to buy?
According to analysts, the market is under pressure due to uncertainty over the election outcome and selloff by foreign investors. The India VIX (volatility index) closed higher for the 11th consecutive session on Thursday. The so-called fear gauge has jumped nearly 80% from a low in April. This period of heightened volatility – marked by ups and downs in share prices – presents buying opportunities for long-term investors, market players said.
Robinhood’s crypto business drives massive earnings beat
Online brokerage Robinhood Markets beat estimates for first-quarter profit on Wednesday, thanks to robust crypto trading volumes and rate hikes that boosted its net interest revenue.
Gold prices flat with focus on US economic data
Gold prices were flat on Thursday, as investors turned their focus to U.S. economic data that could offer additional insights into the timing of the Federal Reserve’s potential interest rate cuts.
Dollar holds its ground as key inflation data looms
The dollar held tight ranges against most peers on Thursday as traders awaited key U.S. inflation data for cues on Federal Reserve policy, while the focus on the massive interest rate gap between Japan and the U.S. helped it make some gains on the yen.
Asia stocks drift, dollar firm as Fed rate path pondered
MSCI’s broadest index of Asia-Pacific shares outside Japan slid 0.19%, weighed down partly by declines from mainland Chinese blue chips. However, Hong Kong’s Hang Seng rose 0.52%.
Big movers on D-Street: What should investors do with Dabur, Inox Wind and Zomato?
Stocks that were in focus include names like Dabur, which rose 5.11%, Inox Wind, which was down 6.06%, and Zomato, whose shares declined 1.89% on Tuesday.
Gold prices hold ground as traders eye Fed cues
China’s central bank added 60,000 troy ounces of bullion to its reserves in April, official data showed on Tuesday, extending the period of consecutive purchases to 18 months.
Positive Breakout: Britannia and 3 other stocks cross above their 200 DMA
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.
At multi-year highs: These 5 stocks witness 5-year swing high
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.