Latest Stock Market News

Yes, the market saw quite a dip in March only for it to recover in April. Look, there are still a lot of headwinds out there and it doesn’t look like we are out of the woods yet. So, while well-valued stocks are seemingly out there, it’s too early to say if there is any real direction.

Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.

The Indian stock market closed in the red for the third consecutive day on Thursday, with the S&P BSE Sensex falling more than 100 points. The Nifty50 closed above 18100 levels. Sectors saw buying in banks and selling pressure in realty, power, oil & gas, and utilities. Stocks in focus include Jindal Saw, which rose more than 6%, Tech Mahindra, which fell 0.5%, and M&M, which dropped more than 1%.

Sebi has proposed a regulatory framework to deal with suspicious trading around the presence of material non-public information. The framework would deal with malpractices by market participants, who use new-age technologies by way of encrypted or vanishing messages, and modus operandi to evade the law. The proposed rules would prohibit individuals from engaging in suspicious trading around the presence of material non-public information unless they can effectively rebut the presumption that they are violating the securities laws.

​Inverted Hammer Pattern is a one-day candlestick pattern in which there is a small red real body and upper shadow extending from the body and is formed at the bottom of a downtrend.​

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.

Bata India has reported 4% growth in standalone net profit at Rs 65 crore for the quarter ended March. Revenue from operations rose 17% to Rs 778 crore during the quarter under review.

​The Futures Long Position Scan conducted today revealed that there were Aggressive New Long positions taken on 4 largecaps. This indicates a bullish sentiment in the market.​

​Aggressive New Short means the average traded quantity for 5 days along with cumulative Open Interest for the stock has increased whereas the price has decreased. Here are 4 stocks displaying such a trend:​

Oil prices fell slightly in early Asian trade on Friday as optimism that a U.S. debt default will be avoided weighed against sticky inflation data that could portend more interest rate hikes from global central banks. Brent futures were down 2 cents at $75.84 a barrel as at 0015 GMT. U.S. West Texas Intermediate (WTI) crude fell 10 cents, or 0.043%, to settle at $71.76. Earlier this week, U.S.