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Tata Motors shares rose 1.5% after the company announced that its Board Committee will meet on March 19, 2025, to consider issuing non-convertible debentures worth up to Rs 2,000 crore. This move indicates Tata Motors' plan to raise fresh capital through the debt market.
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Thailand's efforts to revive its struggling stock market with the Vayupak Fund have been unsuccessful. The SET Index has dropped 16% this year, driven by weak economic growth, high household debt, and political uncertainties. Continued foreign fund exodus highlights persistent investor concerns.
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In the Nifty500 pack, five 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 March 13. Take a look:
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