In the Nifty500 pack, four stocks are witnessing Death Crossovers, according to stockedge.com's technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stocks short-term simple moving average (SMA) crosses below its long-term moving average on the downside. These stocks' 50-day SMA crossed below their 200-day SMAs on December 16. Take a look:
Indian benchmark indices closed lower on Monday, impacted by global cues and pre-Fed decision caution. Premier Energies and Oberoi Realty showed bullish trends, with analysts recommending buys. However, RITES exhibited sideways trading and weak momentum, prompting a sell recommendation.
Columbia College Chicago plans to cut 11 undergraduate and graduate programs and eliminate up to 25 faculty positions next academic year amid ongoing budget trouble and declining enrollment.
The board will consider whether to raise the minimum application size for the public offerings of small and medium(SMEs) to 2 lakh or even higher at 4 lakh from the existing 1 lakh. The proposed tightening of rules comes in the wake of instances of diversion of issue proceeds to shell companies controlled by promoters and inflation of revenue by circular transactions through related parties.
