Star India reported a 45% increase in sports operating losses to $314 million for the June quarter, mainly due to the ICC Men's T20 World Cup 2024's production costs. Revenues rose marginally by 1% to $279 million. Disney noted a profitable quarter for their combined streaming services, ahead of guidance.
TVS Motor Company Ltd., incorporated in the year 1992, is a Large Cap company (having a market cap of Rs 122313.55 Crore) operating in Auto sector.
Overall corporate earnings have been in-line with expectations and coupled with a good monsoon this year, we are witnessing positive news flow not only from rural India but also from export dependent sectors like IT and Textiles.
The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
The golden cross occurs when the short-term moving average crosses above the major long-term moving average.
At the start of the week, when the global markets were reeling under the pressure of unwinding of Yen carry trade, it was the IT stocks which were able to handle the pressure well. Was it an arbitrary reaction of the street, or the fact is that the unwinding of “ Yen carry trade” and the strength of Japanese Yen is a positive for select Indian IT companies. Probably the second one. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed... Читать дальше...
