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China's factory output growth slowed to 5.8 percent in May, falling short of expectations due to ongoing trade war pressures, despite a temporary truce with the United States. However, retail sales offered a positive sign, surging 6.4 percent year-on-year, exceeding forecasts and indicating a potential boost from government initiatives. The nation faces challenges in domestic demand and property sector debt.
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News and Media
In the NSE list of stocks with a market cap over Rs 1000 crore, 10 stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on June 13, 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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News and Media
Bajaj Finance shares are set to trade ex-split and ex-bonus. This follows the company's recent corporate actions. Investors who held the stock by June 13 are eligible. They will receive split shares and bonus shares. The stock split ratio is 1:2. The bonus share ratio is 4:1. The record date for eligibility is June 16.
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News and Media
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