Ahead of Market: 10 things that will decide D-Street action on Friday

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Indian benchmark equity indices bounced back from a bout of profit-booking and settled at record closing highs on Thursday, lifted by high-weightage financials and IT stocks, ahead of the central bank's policy decision on Friday...

European stocks edged higher on Thursday with investors awaiting an inflation print and minutes from the European Central Bank's latest meeting, while shares of Basilea jumped following the U.S. regulatory approval for the drugmaker's bacterial therapy...

On the upside, resistance is observed at 22600-22650, the analyst said.. Momentum indicator Moving Average Convergence Divergence (MACD) showed bullish trade on the counters of Alkyl Amines, Policybazaar, Varun Beverages, Gujarat Fluorochem, Kalpataru Power, and FDC, among others...

HDFC Bank (Rs 6,762 crore), ICICI Bank (Rs 2,301 crore), Kotak Bank (Rs 1,749 crore), RIL (Rs 2,119 crore), Axis Bank (Rs 1,062 crore), Infosys (Rs 1,657 crore), and TCS (Rs 1,352 crore) were among the most active stocks on NSE in value terms..

Tata Steel (Shares traded: 6.1 crore), HDFC Bank (Shares traded: 4.4 crore), NTPC (Shares traded: 2.9 crore), ONGC (Shares traded: 2.4 crore), Power Grid (Shares traded: 2.3), ICICI Bank (Shares traded: 2.1 crore ), and ITC (Shares traded: 1.8 crore) were among the most traded stocks in the session on NSE...

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The MACD is known for signaling trend reversals in traded securities or indices. When the MACD crosses above the signal line, it gives a bullish signal, indicating that the price of the security may see an upward movement and vice versa.