“The long bear candle of the last two sessions signals a faster downside retracement of the last 5-6 sessions of upmove. This is a negative indication and signal that bears are in a driver’s seat,” he said.For the day, the index closed at 17,490.70, down 267.75 points or 1.51 per cent.
Sebi nod to Nuvama’s mutual fund entry, approves role as sponsor
Nuvama Wealth Management secured Sebi approval for its mutual fund business. This enables Nuvama to establish the proposed Nuvama Mutual Fund. The company can now