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In Charts: What Technicals Are Saying About Indian Markets
Sensex and Nifty posted their worst weekly loss in five months amid weak macros, India-China border tensions and mixed global cues
05 Sep 2020, 09:05 PM IST
Indian equity markets posted their worst weekly loss in five months as weak macros, border tensions with China and mixed global cues hurt investor sentiment.“Markets witnessed profit-taking last week and lost over two-and-a-half percent, mainly pressurised by rising border tension between India and China and weak global cues,” Ajit Mishra, vice president of research at Religare Broking, told BloombergQuint. “Besides, muted macroecono...
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