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In Charts: What Technicals Are Saying About Indian Markets
Weak global cues and concerns over Covid-19 overshadowed positive domestic data and government’s efforts to boost liquidity.
19 Oct 2020, 04:54 PM IST
Indian equity markets failed to recover from a sharp mid-week correction to end lower for the first time in three weeks as weak global cues and fresh concerns over Covid-19 pandemic overshadowed positive domestic data and government’s efforts to boost liquidity.“Global cues continued to remain weak as fresh Covid concerns, reinstatement of pandemic restrictions by European governments and fading hopes of any U.S. fiscal stimulus anno...
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