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President Tokayev affirmed Kazakhstan's dedication to reforms and reliability for investors at the Foreign Investors Council. Despite global economic challenges, Kazakhstan's economy grew by 6% in early 2024. The nation is enhancing investor protections, streamlining services, and developing infrastructure, particularly in transportation and digital sectors, to foster a sustainable and digitally-driven economy.
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In the Nifty 200 pack, eight stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on June 24, 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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HDB Financial Services, backed by HDFC Bank, is launching its IPO on Wednesday, aiming to raise Rs 12,500 crore. The IPO, priced between Rs 700 and Rs 740, includes a fresh issue and an offer for sale by HDFC Bank. Brokerage houses recommend subscribing, citing strong financials, asset quality, and growth potential, with listing expected in early July.
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