Friday’s small bearish candle was placed within a long bear candle of the previous session. Technically, this action indicates range movement in the market with high volatility, said Nagaraj Shetti, Technical Research Analyst at HDFC Securities.
Don’t chase defence stocks on sentiment; focus on fundamentals and export potential: Ashish Gupta
There are the few companies that will probably benefit from higher defence spending in India and globally and there we see larger upside, but I