“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.
Stocks that were in focus include names like Shriram Finance, which rose 0.44% and BEL, which declined 3.2% and RITES, whose shares rose 0.6% on
On Black Monday, the Dow Jones Industrial Average in the US plunged 22.6% – the steepest one-day percentage drop in its history. The selloff was
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