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.
Posts in category Economic Times
Adani Ports in focus ahead of Q2 results today. Here’s what to expect (29-10-2024)
Adani Ports & Special Economic Zone is expected to report a 6%-10% increase in Q2FY25 revenue and a 19%-39% rise in net profit year-on-year. Kotak estimates a 10% YoY revenue growth to Rs 7,311 crore and PAT of Rs 2,400 crore. EBITDA is projected at Rs 4,277 crore, a 10% YoY increase.
These 3 stocks to trade ex-split tomorrow. Do you own? (29-10-2024)
Jash Engineering, Kck Industries, and Master Trust have set October 30 as the record date for their stock splits. Today is the last day to buy shares to be eligible for these splits. A stock split increases the number of a company’s shares, reducing the price per share while keeping overall market capitalization the same.
Mazagon Dock among 4 stocks to trade ex-dividend tomorrow. Last chance to buy (29-10-2024)
Mazagon Dock Shipbuilders and CRISIL, along with two other companies, have set October 30 as the record date for determining eligibility for their announced dividends. Mazagon Dock declared an interim dividend of Rs 23.19 per share, with payment due by November 20. CRISIL, Gabriel India, and Supreme Industries also announced their interim dividends.
Maruti Suzuki shares in focus ahead of Q2 results today (29-10-2024)
Shares of Maruti Suzuki will be in focus as the company reports its second quarter results, with analysts expecting muted numbers due to a decline in volumes. Revenue is likely to remain flat, while net profit may fall by up to 5% year-on-year.
Q2 results today: Maruti, Adani Enterprises among 139 companies to announce earnings on Tuesday (29-10-2024)
Q2 earnings for Maruti and Cipla are expected to be muted, with Maruti likely seeing a 2% decline in volumes and flat revenues, while net profit could drop up to 5%. Cipla may report 3-6% revenue growth and a 4-5.7% rise in net profit.
Gold holds steady as investors focus on US economic data (29-10-2024)
Gold prices remained stable as investors await U.S. economic data for insights on the Federal Reserve’s interest rate decision. The Fed will announce its decision after a two-day meeting starting Nov. 6. Lower rates reduce the opportunity cost of holding gold, making it a safe asset during economic and political uncertainty.
Yen mired in political uncertainty; dollar looks to key data releases (29-10-2024)
The yen remains near a three-month low after Japan’s ruling coalition lost its parliamentary majority in recent elections, increasing political and monetary uncertainty. Meanwhile, the dollar eases slightly but remains strong due to resilient U.S. economic data and potential election outcomes. Investors await key U.S. inflation and employment data releases later this week.
Oil prices edge up, US plan to refill reserve offers support (29-10-2024)
Oil prices rose slightly on Tuesday following a dramatic fall the day before. This is due to the U.S. planning to buy oil for the Strategic Petroleum Reserve. Investors also keep an eye on tensions in the Middle East, particularly between Israel and Iran, which could impact future oil market dynamics.