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The upbeat backdrop helped MSCI's broadest index of Asia-Pacific shares outside Japan advance 0.15%. Australia's S&P/ASX 200 was 1.1% stronger, touching its highest level in almost nine months, with energy stocks leading the pack. Japan's Nikkei jumped 2.48% while Seoul's Kospi was 0.74% higher.
Ahead of Market: 12 things that will decide stock action on WednesdayThe MACD showed bearish signs on the counters of JK Cement, Indus Towers, General Insurance, NCC, ICICI Bank and Thermax. A bearish crossover on the MACD on these counters indicated that they had just begun their downward jou… Read MoreUnited Breweries Q4 Results: Net profit up 67.9% to Rs 164 crIts revenue from operations was up 1.28 per cent to Rs 3,664.71 crore during the quarter under review as against Rs 3,618.09 crore in the corresponding period of the preceding fiscal.
from Stocks-Markets-Economic Times https… Read MoreTrade setup: Most prudent way to navigate market is to stay highly stock-specificFrom the technical perspective, what has been damaging for the markets is the violation of the 200-DMA on a closing basis. The 200-DMA presently is at 17,199. Nifty has dragged its resistance levels lower. This point will now… Read MoreAhead of Market: 12 things that will decide stock action on TuesdayMomentum indicator Moving Average Convergence Divergence (MACD) showed bullish trade setup on the counters of Aditya Birla Capital, Colgate Palmolive, Minda Industries and Sterlite Tech.
from Stocks-Markets-Economic Times ht… Read MoreBajaj Auto Q4 Preview: PAT may drop 22-26%, margins to suffer due to raw material inflationAnalysts tracking the company expect it to report a 22-26 per cent YoY drop in net profits, while its sales may decline 10-12 per cent, they added. Margins may also see a decline.
from Stocks-Markets-Economic Times https://i… Read More
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