 |
|
|
|||||
When there are outflows, the rupee tends to weaken. Additionally, most Asian currencies are depreciating against the dollar. When comparing the Indian rupee to the top 10 or 15 currencies globally, it is performing better than average, though it has still depreciated. These global factors and FPI outflows are contributing to the rupee's weakness.
Category:
News and Media
Currently, the government spending cycle, notwithstanding this years blip (which we think is a blip, and we will discuss the reasons later), looks to be on the path of continued increase. Secondly, PSUs today are more operationally efficient than they have ever been in the last 25 years of Indias history. Both of these factors give me conviction about PSU earnings and asset growth.
Category:
News and Media
In the Nifty200 pack, six stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on January 07, 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
All news |
||||||||||||||||||
|
||||||||||||||||||