“Oscillators are overbought, but they have been so for some time already now, and have been less effective because of the directional nature of the index,” Anand James – Chief Market Strategist at Geojit Financial Services, said.
Investors in Asia are still digesting the impact of US President Donald Trump’s first few days in office, which have sent mixed signals to investors.
Tata Sons is exploring various scenarios to address the pressure from the Shapoorji Pallonji Group for a possible share sale. Options include a public listing,
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