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Donald Trump plans to call Vladimir Putin and Volodymyr Zelenskyy for a ceasefire in Ukraine. He aims to use his relationship with Putin to end the war. Critics fear Trump's approach may favor Russia. Trump believes financial incentives could help. Zelenskyy met with US officials before the calls. Ukraine faces increased drone attacks. Prisoner exchanges are expected soon.
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Virtual Galaxy Infotech shares debuted on the NSE SME platform with a 26.76% premium, listing at Rs 180. The IPO, priced at Rs 142, was oversubscribed 200 times, driven by non-institutional interest. Proceeds will fund expansion, debt repayment, and product enhancement.
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In the Nifty200 pack, six stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on May 16, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
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