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In Charts: What Technicals Are Saying About Indian Markets
The Nifty FMCG Index is on track to post its first monthly gain since July this year.
22 Nov 2020, 02:44 PM IST
India’s equities may hit a resistance in the coming days, snapping the third straight week of gains, as investors weigh the index’s premium valuations and mounting coronavirus cases globally.“The BSE Sensex closed higher by about 1% in this Diwali week. Global markets were also buoyant on news of successful trials of Moderna’s Covid-19 vaccine. With the end of earnings season, focus will shift back to economic recovery and market val...
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