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In Charts: What Technicals Are Saying About Indian Markets
The four sectors that may prop up India’s equity market rally.
07 Sep 2020, 05:34 PM IST
The Nifty 50 index may continue to rally as the Indian benchmark index broke a key resistance level in the week ended Aug. 28, on hopes of an improvement in economic activity, consistent buying by foreign investors and a rally in banking stocks.“The market mood remained exuberant on hopes of a speedy economic recovery and expectations of further fiscal and monetary support. Strong foreign inflows led by high global liquidity, and a d...
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