Monday, September 21
The shares of IT company Tata Technologies have rallied 25% from their low of Rs 597 on April 7 on the NSE, currently trading near Rs 740, a move supported by the company’s Q1 results, reported earlier this week.As of 11:10 am today, the stock witnessed high trading volumes, with a total traded quantity (TTQ) of 15.7 lakh shares, amounting to a traded value of Rs 100.50 crore on the NSE. The company’s market capitalization stood at Rs 29,920.08 crore.On the charts, the stock is placed above its short and medium term daily exponential moving averages (DEMA), but remains below the 100 and 200 day DEMA, indicating it is yet to regain long term momentum.On the Relative Strength Index (RSI), Tata Technologies shares are oscillating near the 58 mark, a mid-level. An RSI below 30 is considere
The Union cabinet has approved the Prime Minister Dhan-Dhaanya Krishi Yojana (PMDDKY), a scheme to develop 100 agricultural districts through the convergence of 36 schemes of 11 ministries.The scheme has an outlay of ₹24,000 crore per year, said information and broadcasting minister Ashwini Vaishnaw, adding that it would be implemented for six years beginning with the current financial year. A master plan for implementation of PMDDKY, which will include agriculture and allied activities, will be drawn up for every district, he added. The plan will be prepared by District Dhan Dhaanya Samiti headed by the Collector."The district plans will be aligned to the national goals of crop diversification, conservation of water and soil health, self-sufficiency in agriculture and allied sectors as
Britain's annual rate of consumer price inflation unexpectedly rose to its highest in over a year at 3.6% in June, up from 3.4% in May, above economists' expectations in a Reuters poll for the rate to remain unchanged, official figures showed on Wednesday. British inflation has risen steadily since touching a three-year low of 1.7% last September, and in May the Bank of England forecast it would peak at 3.7% in September - almost twice the central bank's 2% target. June's reading from the Office for National Statistics took the annual CPI rate to its highest since January 2024. Higher transport costs, especially motor fuels, were the biggest contributor to the rise in the inflation rate between May and June, the ONS said. Sterling rose slightly against the dollar after the data, which may
