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The order was among a slew of directives Trump signed on Monday evening.
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In the Nifty200 pack, four stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on January 20, 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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Tata Technologies is anticipated to report subdued third quarter results with marginal revenue growth of around 0.3%, but an 8% decline in net profit to Rs 157 crore. The companys revenue from the services segment faces headwinds from auto sector weakness and reduced client spending despite a healthy order book.
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