Indian equities ended October on a muted note, snapping a four-week winning streak as benchmark indices closed marginally lower amid profit-booking and mixed global cues. The tone remained largely positive and volatile during the first three sessions; however, profit-taking in the latter part of the week erased early gains and dragged the indices to close…
Tata Communications announced strategic collaboration with Cisco to work jointly on eSIM and IoT connectivity services across the global enterprises. After the announcement, the stock of Tata Communications closed at Rs 1549 per share on Monday. Why TATA Communications and Cisco collaborated? The strategic partnership announced aims to “reshape the future of how businesses connect, manage, and…
In the NSE Midcap pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 9, 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…