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Chinese firm got a boost from subsidies encouraging consumers to replace old cars with greener ones.
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In the Nifty500 pack, nine stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on January 1, 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:
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Lenders have argued that such investments are highly liquid, comparable to lower-quality assets and that their inclusion in liquidity calculations could reduce the share of deposits banks must allocate for liquidity ratios, thereby freeing up capital for lending, they said.
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