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In the Nifty200 pack, nine stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on May 05, 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
The fourth quarter earnings season is gaining traction, with several companies, including Bank of Baroda, Paytm, BSE, and HPCL, set to announce their results on Tuesday. Paytm's Q4FY25 earnings are keenly anticipated, with some brokerages projecting a profit, while others foresee a reduced loss.
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News and Media
Ather Energy, a leading Indian EV brand, is set to debut on the NSE and BSE after a modest IPO subscription. Despite strong brand equity and tech credentials, the company faces challenges with profitability, reporting a significant net loss for FY24. Its future stock performance depends on scaling profitably and defending market share in a competitive EV market.
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News and Media
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