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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 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

India is in a much better position now from a macro-economic stability perspective. Domestic growth is intact, inflation has come down and the currency has stabilised.

​Aggressive New Long positions indicate a bullish sentiment in the market, as the average traded and delivered quantity for 5 days, along with the cumulative open interest and price for the underlying stock, increased. ​

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In September 2022, Reliance Power entered into an indicative memorandum of understanding with Varde Partners for availing debt of up to ₹1,200 crore for the settlement and discharge and/or acquisition and restructuring of certain financial debt availed by Reliance Power. In June 2021, Varde Partners invested ₹550 crore in Reliance Infrastructure.

Bankers are anxious about the operational challenges of exchanging the ₹2,000 currency notes and are keen not to repeat the mistakes of the first few days of demonetisation in 2016. Although this time the percentage of notes being exchanged is much smaller, banks will have to deploy staff and are likely to provide a separate exchange counter for the exercise.

Axis Bank features on the buy lists of most investors seeking a slice of Indian top-draw private banking. Since Amitabh Chaudhry stepped into the corner office in 2019, the stock is up nearly 50%, although it still trails peers. In an interview with Saloni Shukla and MC Govardhana Rangan, Chaudhry says that growth triggers are in place that could make it as good as the leader. Edited excerpts:

Investor meets are considered a soft indicator of their interest in the stocks, and in many cases in the past, institutional holding rose in those stocks post the meetings.

The euro, Swiss franc and sterling are predicted to rise further versus the US currency, potentially spelling trouble for the Stoxx 600 equity index which, according to data compiled by Bloomberg, relies on North America for nearly a third of its sales.