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.
Gold heads for first weekly fall in four as rate-cut hopes fade
Gold prices were on track for their first weekly fall in four on Friday, as waning expectations of an early interest rate cut in the U.S. boosted the dollar, while investors focussed on a key employment report due later in the day for more rate clues.
Taking Stock: Market bounces back; Sensex up 491 pts, Nifty at 21,650
Bajaj Finance, NTPC, ONGC, Tata Consumer and IndusInd Bank are among the top gainers on the Nifty, while losers included BPCL, LTIMindtree, Dr Reddy#39;s Laboratories, HCL Technologies and Hero MotoCorpMid-day Mood | Nifty reclaims 21,600 as investors resume buying, Sensex rises 450 points
Analysts expect the uptrend to continue in the coming session, anticipating a churn from small and mid-caps to large-caps.Gold steady as traders await jobs data for Fed cues
Gold prices were little changed on Wednesday as higher U.S. dollar and bond yields kept a lid on bullion’s upside while investors looked out for more jobs data to gauge the Federal Reserve’s next steps on monetary policy.
Dollar rebounds as traders rethink Fed rate cut expectations
The dollar edged higher on Thursday as investors reassessed their expectations of the scale of rate cuts by the Federal Reserve this year, with an air of caution hanging over markets after an impressive risk rally last month.
Wall Street notches second lower finish as 2024 starts with profit-taking
U.S. stock indexes ended the second session of the year down again in extended profit-taking on Wednesday after a strong finish to 2023, with minutes from the Federal Reserve’s December meeting failing to shake off the funk hanging over markets.
Taking Stock: Sensex falls 536 points, Nifty near 21,500; realty, PSU banks see buying
The broader market outperformed the benchmarks, tilting the market breadth in favour of gainers. About 1,864 shares advanced, 1,449 declined and 73 remained unchangedTaking Stock: Sensex falls 536 points, Nifty near 21,500; realty, PSU banks see buying
The broader market outperformed the benchmarks, tilting the market breadth in favour of gainers. About 1,864 shares advanced, 1,449 declined and 73 remained unchangedGolden Crossovers: Pidilite Industries among 3 stocks signaling further bullishness
These stocks’ 50-day simple moving averages (SMA) crossed their 200-day SMAs on December 28.