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2024-12-24 03:49:57| The Economic Times

In the Nifty200 pack, five stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on December 23, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. 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. Take a look:

Category: News and Media
 

2024-12-24 03:18:35| The Economic Times

Stocks to buy today: Stocks that were in focus include names like SAIL, which rose 4% and Aurobindo Pharma, which gained 1% and HPCL, whose shares declined nearly 1% on Monday.

Category: News and Media
 

2024-12-24 02:10:42| The Economic Times

Shares swung between gains and losses in Japan and edged lower in Australia, with shortened sessions in Hong Kong and Sydney for Christmas Eve. US equity futures were little changed in Asia after a gauge of the Magnificent Seven technology megacaps rose 1.4% Monday, offsetting weaker-than-expected US consumer confidence data.

Category: News and Media
 

2024-12-24 01:30:00| The Economic Times

Coforge and Cigniti Technologies are progressing towards a merger, with EY and Axis Capital preparing terms for shareholder approval. Coforge plans to absorb Cigniti, with shareholders receiving Coforge shares based on a determined swap ratio. Coforge's market value has doubled recently, and the acquisition aims to leverage synergy in client locations.

Category: News and Media
 

2024-12-24 01:25:25| The Economic Times

The conglomerate recently gave Kotak Investment Banking officials the go-ahead to commence the process after a meeting, they said. It plans to appoint additional bankers by January, they added.

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2024-12-24 01:18:21| The Economic Times

The stock listed on the NSE surged 150% in 2024 so far as against the 23.6% advance in the Nifty Midcap 100. In the past three years, it has spiralled 680%.

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2024-12-24 01:09:15| The Economic Times

The 839-crore Transrail Lighting issue, priced at 410-432 per share, received 80.8 times bids. The IPO consisted of a fresh equity issue worth 400 crore and OFS of 1.01 crore shares by promoter Ajanma Holdings.

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2024-12-24 01:05:37| The Economic Times

The Volatility Index or VIX - the market's fear gauge - plunged 10.3% to 13.52 on Monday, suggesting traders see lesser risks in the near term. But, it may be too early to confirm the uptrend, said some analysts.

Category: News and Media
 

2024-12-24 00:03:54| Chicago Tribune news - Business

The San Francisco Bay Area has the highest concentration of jobs that pay more than $500,000, "vastly outranking" other major cities. One in 48 jobs in the Bay Area pays $500,000 or more, nearly double the share in Austin, Texas, which has the second highest concentration.

Category: News and Media
 

2024-12-23 22:43:25| Chicago Tribune news - Business

A five-day strike by Starbucks baristas had closed 59 stores as of Monday afternoon, according to the union organizing the workers.

Category: News and Media
 

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