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When MACD crosses above the signal line, it gives a bullish signal on the charts, indicating that the price may experience upward momentum.
Market news: Sensex jumped 237 points or 0.43% surpassing the 56,000-mark at 56,029. Nifty50 advanced 69 points or 0.42%.
The bank's existing users were not impacted by the ban and it had 1.48 crore credit card customers as of June
Eight months after barring HDFC Bank from selling new credit cards, the Reserve Bank of India (RBI) has lifted the ban.
Overseas, Asian stocks traded mixed on Wednesday as investors reacted to the Reserve Bank of New Zealand's interest rate decision.
Milan Vaishnav of Gemstone Equity Research and Advisory is positive on ICICI Lombard General Insurance with a target price of Rs 1510.
Sebi has amended the regulations governing alternative investment funds (AIFs) to simplify and rationalise compliance requirements
The FPO is being launched to meet the Sebi norm of minimum public shareholding of 25% in a listed entity
At the close of trade, the market capitalisation (mcap) of Tata Consultancy Services was Rs 13,14,051.01 crore on BSE
eClerx Services buyback offer is at a premium of 38% or Rs 885 to its current price of Rs 2315.