india

India’s largest consumer care company Hindustan Unilever shows negative momentum, stocks below the 200-DMA/SMA

India’s largest consumer care company shows negative momentum In the Nifty 50 index, 48 stocks were trading above while HUL and UPL were the only stocks below the 200-DMA/SMA Though HUL settled marginally higher at Rs 2,525.3 on Friday, the stock is down over 1 percent year-to-date While 96 percent of Nifty 50 stocks traded…

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rbi

RBI MPC Meeting Highlights | Repo rate pause remains, inflation forecast retained, GDP growth seen at 7%

RBI MPC Meeting Highlights The benchmark lending rate or the repo rate will remain unchanged at 6.5 percent, Reserve Bank of India (RBI) Governor Shaktikanta Das announced on December 8, following the conclusion of the three-day meeting of the central bank’s Monetary Policy Committee (MPC). RBI has paused the benchmark lending rates since February The…

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