MRF becomes the first stock to surpass Rs 1 lakh per share
On June 13, 2023, MRF made history by becoming the first company in Indian stock history to reach the level of Rs. 1 lakh per share in the cash segment.
Factory output grows 4.2% in April; inflation cools to 4.25% in May.
The week from June 12 to June 16, 2023, will be crucial for Domestic markets s and world markets because many critical data and decisions will be announced in the
Long buildup in Yes Bank, may goes up to Rs. 37
On May 30th, 2023, Yes Bank unveiled a brand new identity and updated its logo to resonate with customers’ evolving needs and aspirations. Yes Bank launched a vibrant new logo,
Hindustan Aeronautics board to consider stock split on June 27
HAL board to consider stock split on June 27 Hindustan Aeronautics Limited (HAL) is a public-sector enterprise specializing in aircraft, helicopters, aero engines, avionics, accessories, and aerospace structures. Organized into
RBI extends pause, keeps repo rate unchanged at 6.5%
The Reserve Bank’s Monetary Policy Committee (MPC) in June 8 meeting decided to keep the policy repo rate unchanged at 6.5% with a unanimous decision. Since May 2022, the regulator
Minda Corp approves Rs. 600 fund raising proposal
Minda Corporation Ltd, founded in 1985, is a leading manufacturer of ignition switches for the Indian automotive industry. The company has a pan-India presence and a significant international footprint with
Government to offload 3% stake in Coal India via OFS
The government floated an offer for sale (OFS) to sell up to 9, 244, 0924 shares, representing 1.50% of total paid-up equity, as a base offer on June 1, 2023.
Shift in MSCI Index: Adani Out, Max Healthcare and HAL In
The latest MSCI Global Standard Index rejig will take effect on May 31st, with three stocks added and three removed. Two of the three stocks that will be excluded belonged to the Adani Group.
ICICI Lombard jumps as ICICI Bank approves raising stake
On 28 May 2023, Sunday, the ICICI Bank board of directors has approved the decision to increase its stake in ICICI Lombard General Insurance Company (ICICI Lombard). The stake increase
Moving Averages
Moving averages (MA) are technical analysis tools for trend detection and for smoothing out price data. They are too used to spot price reversals and increases. Technical analysis often employs
