Mon, Apr 29, 2024 7:47 PM
Microsoft Tops Estimates Across Its Business But Signals Near-Term Capacity
A Flip by Avya Verma
Nifty ended the Thursday expiry higher by 203 points to close above the 50 and 20-day SMA (Simple Moving Average) and form a small Hanging Man pattern on the daily charts.The formation of long lower shadows on two occasions in the last four sessions signals the emergence of sharp buying on dips. This is a positive indication and suggests more upside ahead.
Open Flip
Adidas is launching cheaper versions of its three-striped shoes like the white and black suede Samba as it aims to spread the trend, CEO Bjorn Gulden said on Thursday at the company's annual shareholders' meeting in Germany."It's important to understand that not everyone can afford to buy a shoe for 120 or 150 [dollars], but everyone wants to take part in the same trends.
Open Flip
Fintech company Infibeam Avenues Limited reported a 28 percent jump in net profit to Rs 49.2 crore in the quarter ended March 2024.Operating revenue stood at Rs 726.8 crore, a jump of 11 percent against Rs 652.67 crore in the same quarter last year while expenses remained stable at Rs 679.3 crore.Of the total revenue, Rs 669.8 crore came from payment business.
Open Flip
