Death Crossovers: M&M among 6 stocks that signal bearishness on April 19 https://ift.tt/FvtKkxZ the NSE list of stocks, six stocks with a market cap of over Rs 1,000 crore have been witnessing Death Crossovers, according to stockedge.com's technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside. The 50-day SMA crossed below their 200-day SMAs on April 18. Take a look:
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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