The stock rose more than 20 per cent in a week and over 40 per cent in the last 3 months. The stock is trading around overbought levels. Hence, some consolidation cannot be ruled out. The relative strength index (RSI) is at 84. RSI above 80 is considered strongly overbought. This implies that stock may show pullback, Trendlyne data showed. MACD is above its center and signal line, this is a bullish indicator.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,
December 8, 2025