Tag: estimates

Nifty 500: More than half of Nifty 500 stocks now in downtrend

Stocks
Mumbai: The 5% decline in the Nifty index last week has driven nearly 55% of NSE 500 stocks below their 200-day moving average (DMA), a key long-term trend indicator. A drop below the 200-day moving...

Canon eyes business from chip companies setting up India operations

Business
NEW DELHI: Japanese imaging and optical products major Canon believes that it has a good opportunity in India for its semiconductor lithography equipment required for chip fabrication, and it is in negotiations with...

Spotify forecasts profit above estimates on cost cuts, steady user growth

Market
By Jaspreet Singh (Reuters) -Audio-streaming giant Spotify forecast fourth-quarter profit above Wall Street estimates on Tuesday, betting on cost...

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