Historically, the benchmark index made a trough whenever the long-short ratio dropped to 0.2-0.3. In the past five years, there were only 19 such instances out of total trading days of 1417.
Tata Steel Q1 updates: India production flat YoY at 5.26 million tons on plant shutdowns
Tata Steel India’s crude steel output remained flat at 5.26 million tons in Q1FY26, while deliveries fell 4% YoY due to maintenance shutdowns at Jamshedpur