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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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News and Media
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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News and Media
Divine Hira Jewellers IPO will open for subscription from March 17 to March 19, aiming to raise Rs 32 crore through fresh equity shares priced at Rs 90 each. The proceeds will be used for loan repayments, working capital, and corporate needs. The share allotment will be finalized on March 20, with shares listed on March 24.
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News and Media
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