SRIC NEWS why is S&p Bric 40 Index [nettr] price falling or rising

SRIC NEWS reasons for why stock price of S&p Bric 40 Index [nettr] is falling or rising

SRIC S P is falling or rising technical reasons

Technical analysis forecast of S P Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in S P SRIC at this time. Stock is rising and might rise more.

It appears as if S P SRIC gave a large move recently.

Stock of S P (SRIC) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for S P is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3317.3, for a target of 3194 or 3091.23

SRIC S P is falling or rising NEWS fundamental reasons

Indians make 10-12 billion cashless payments: Jaishankar on digital infra Jaishankar said that India will play a big role in global economic development due to the strength of its structural soundness - NEWS as on 2024-05-05 business-standard.com

Tata Power Renewable signs pact with SJVN for 460 MW clean energy project Tata Power Renewable Energy Ltd (TPREL) on Saturday said it has signed an agreement with state-owned SJVN Ltd to set up a 460 MW Firm and Dispatchable Renewable Energy (FDRE) project. An FDRE plant enables round-the-clock power supply, assisting power dist - NEWS as on 2024-05-04 business-standard.com

Apple sets revenue record in India amid overall slump; Tim Cook is pleased Apple CEO Tim Cook mentioned Apple's efforts to expand its presence in India, including increasing its distribution channels and developer community - NEWS as on 2024-05-03 business-standard.com

Mag 7 Leadership Reflects Earnings Power With Q1 results from Apple AAPL and Amazon AMZN now out, we only have Nvidia’s NVDA results still awaited at this stage of the ‘Magnificent 7’ group of companies. The sub-par growth numbers from Tesla TSLA and Apple notwithstandin - NEWS as on 2024-05-03 nasdaq.com

Cash-strapped Byju's pays April salaries to all employees except sales ones Last month, Byju Raveendran, the founder and chief executive officer of Byju's, secured a private debt of about Rs 30 crore to pay the March salaries of employees - NEWS as on 2024-05-03 business-standard.com

Sebi makes mandatory registration of PMS providers with industry body APMI Markets regulator Sebi on Thursday decided to promote collective oversight of PMS distributors by making registration with the Association of Portfolio Managers in India (APMI) mandatory for them. The move is aimed at promoting ease of doing business initi - NEWS as on 2024-05-02 business-standard.com

Godrej family begins process to untangle cross-holdings in listed entities Adi/Nadir family to acquire 20.84% in Godrej Inds from Jamshyd/Smita family, and another 12.65% from RKN Enterprises via block deals - NEWS as on 2024-05-02 business-standard.com

A Positive Earnings Picture Remains Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>> - NEWS as on 2024-05-01 nasdaq.com

G&B-Godrej Properties partnership to continue for Vikhroli land development Godrej & Boyce and Godrej Properties on Wednesday said they would continue their association for land development at Vikhroli in Mumbai, a day after the founding family of the Godrej group announced an amicable split of the conglomerate. In a joint stateme - NEWS as on 2024-05-01 business-standard.com

Brookfield in talks with bankers to take Leela Hotels public Brookfield Asset Management is reportedly planning to list its luxury hotel chain, The Leela Palaces, Hotels & Resorts. The Canada-based asset manager had earlier committed to investing over '1,500 crore in the hotel chain, which was the largest-ever f - NEWS as on 2024-05-01 indiatimes.com

Google CEO Sundar Pichai nears billionaire status powered by AI boom Pichai's net worth includes 4 million in current share holdings as well as roughly 0 million from share sales since he became CEO - NEWS as on 2024-04-30 business-standard.com

Earnings surge makes PE fair, Nifty lovely The Nifty's PE ratio, based on trailing earnings, has dropped to 22 times from 33 times on March 30, 2021. Analysts said the PE ratio suggests the Nifty is trading at fair valuations, which means the index is neither cheap nor expensive. - NEWS as on 2024-04-30 indiatimes.com

Hero MotoCorp announces pricing of HarleyDavidson 2024 range of motorcycles Ex-showroom prices for Harley-Davidson 2024 range of motorcycles starts from Rs 13.39 lakh up to Rs 41.79 lakh. - NEWS as on 2024-04-30 business-standard.com

Audit fees paid by NSE companies rose 6% in 2022-23, EY Group got highest The average audit fee in India was Rs 0.93 crore per company in FY23, up from Rs 0.91 crore in FY22 - NEWS as on 2024-04-29 business-standard.com

Top 3 Internet-Commerce Stocks Poised to Beat on Q1 Earnings We are in the middle of the first-quarter 2024 earnings season, which has turned out better-than-expected so far. A few Internet-commerce companies are slated to report their quarter quarterly financial numbers this week. A handfu - NEWS as on 2024-04-29 nasdaq.com

Uttarakhand suspends licences of 14 products of Ramdev's pharma firms SC had recently criticised Ramdev for not complying with its directives in an ongoing lawsuit to stop misleading advertisements of some of his traditional ayurvedic medicines - NEWS as on 2024-04-29 business-standard.com

CII asks startups to keep their valuations 'as realistic as possible' It further stated that the start-up should be maintained as a separate legal entity with the organisation's assets distinct from the founders' assets - NEWS as on 2024-04-28 business-standard.com

MDH says its products are 100% safe; rejects pesticide allegation MDH, a leading spice brand, on Saturday assured consumers that its products are 100 per cent safe and rejected the allegations of the presence of certain pesticides in some products by Hong Kong and Singapore food regulators. Earlier this month, Hong Kong' - NEWS as on 2024-04-27 business-standard.com

Codelco Q1 Results: World's largest copper producer's pre-tax profit sinks 29% Codelco has been battling to boost its production, which has fallen for two straight years to reach a quarter-century low, despite delays, cost overruns and accidents. - NEWS as on 2024-04-26 indiatimes.com

More announcements and NEWS

SRIC S&p Bric 40 Index [nettr] current price & indicator signals

Moving Averages for S&p Bric 40 Index [nettr]

  • 5Day Average: 3193.1
  • 12Day Average: 3103.12
  • 20Day Average: 3059.16
  • 50Day Average: 3017.38
  • 100Day Average: 2982.21
  • 150Day Average: 2995.95
  • 200Day Average: 3043.33

SRIC Indicators & signals

Indicator MACD (12,26,9)

3132.84, 3072.26, 34.06
Indicator MACD is in positive zone

Indicator ADX (14)

57.79, 50.34, 13.47
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SRIC S&p Bric 40 Index [nettr] are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 3288.96 3253.24 to 3290.19 1.23% 0 times
02 Thu May 2024 3248.98 3134.59 to 3259.17 3.6% 0 times
01 Wed May 2024 3136.21 3125.69 to 3154.23 0.31% 0 times
30 Tue Apr 2024 3126.55 3126.17 to 3174.82 -1.21% 0 times
29 Mon Apr 2024 3164.81 3144.80 to 3177.49 0.53% 0 times
26 Fri Apr 2024 3148.11 3097.97 to 3158.81 1.69% 0 times
25 Thu Apr 2024 3095.93 3078.69 to 3108.89 0.07% 0 times
24 Wed Apr 2024 3093.88 3054.65 to 3099.24 1.3% 0 times
23 Tue Apr 2024 3054.30 3001.40 to 3056.79 1.76% 0 times
22 Mon Apr 2024 3001.36 2940.39 to 3002.48 2.07% 0 times
19 Fri Apr 2024 2940.36 2909.00 to 2940.51 0.08% 0 times
18 Thu Apr 2024 2937.96 2912.25 to 2952.31 0.68% 0 times

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