In the Nifty500 pack, 14 stocks' closing prices crossed below their 200 DMA (Daily Moving Averages) on February 12, according to StockEdge.com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long term trend line. The 200 DMA is used as a key indicator by traders to determine the overall trend in a particular stock. Take a look:
A federal judge has temporarily blocked the Trump administration from cutting more than $600 million in health care grants meant for Illinois and three other states.
Philip Fisher's timeless advice highlights the market's tendency to prioritize stock prices over intrinsic value. In volatile times, understanding a business's fundamentalsgrowth, balance sheet, management, and competitive advantagesis crucial. This disciplined approach, focusing on value rather than fleeting price movements, ultimately drives long-term investment success.
Accor and InterGlobe are exploring public markets for their joint hotel venture. The companies aim to open 300 hotels by 2030. This new platform will involve owning and operating assets. India's market shows strong growth potential. Accor achieved record signings in 2025 and plans further expansion with new luxury brands.
HUL's sales volume saw a strong recovery in the December quarter. The company anticipates a better second half of the fiscal year and improved performance next year. This optimism stems from strategic portfolio changes and a positive economic outlook. Acquisitions like Minimalist are boosting growth in premium segments.
Agrochemical and animal-feed stocks rallied on Thursday following robust third-quarter earnings and reduced US tariffs. Avanti Feeds surged 20%, with Godrej Agrovet and Mukka Protein also seeing significant gains. Sharda Cropchem and other agrochemical companies also experienced upward movement, driven by improved sentiment and a clearer outlook.
Indian software services stocks experienced a significant sell-off, with the Nifty IT index dropping over 5% for the second time in under 10 days. Unexpectedly strong US jobs data and growing concerns about AI's disruptive potential are weighing heavily on investor sentiment and valuations.
