Among the major movers in the market were index major Tata Consultancy Services, PB Fintech, and Kalyan Jewellers India.
Death Crossovers: Jet Airways among 5 stocks that signal bearishness
The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside
Taking Stock: Market extends gains for second day despite some final-hour selling; IT, pharma rally
Major NIfty gainers included Hero MotoCorp, Tech Mahindra, TCS, HCL Technologies and Infosys, while losers were Axis Bank, Coal India, Power Grid Corporation, Tata Consumer Products and Adani EnterprisesTaking Stock: Market extends gains for second day despite some final-hour selling; IT, pharma rally
Major NIfty gainers included Hero MotoCorp, Tech Mahindra, TCS, HCL Technologies and Infosys, while losers were Axis Bank, Coal India, Power Grid Corporation, Tata Consumer Products and Adani EnterprisesMid-day Mood | Indices extend gains on return of FIIs; Nifty tops 19,800, IT soars
FIIs bought Rs 550 crore on November 15 after sustained selling through the month but their influence seems to be declining and that of DIIs, high networth individuals and retail investors growing, say expertsGolden Crossovers: BPCL among 4 stocks signaling further bullishness
These stocks’ 50-day simple moving averages (SMA) crossed their 200-day SMAs on November 15.
Stocks in focus: Quess, Vedanta, Ramkrishna Forgings, IIFL Fin, Bajaj Fin, Suzlon Energy and more
Positive Breakout: TCS and 4 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.
Taking Stock: Sensex gains 742 pts, Nifty above 19,600 for first time since October 19
Eicher Motors, Tech Mahindra, Hindalco Industries, Tata Motors and Infosys were among the top gainers on the Nifty, while losers were Bajaj Finance, Power Grid Corporation, IndusInd Bank.Nifty up 1%, Sensex 600 points: Easing inflation, positive cues and all that fuel the rally
A softer-than-expected US inflation print for October fueled hopes of the Fed pivoting its rate hike campaign, ushering gains across global markets.