Both S&P 500 futures and Nasdaq futures rose 0.1%, after a heavy sell-off. The Dow Jones Industrial Average plunged 3.94%, the S&P 500 lost 4.2%, and the Nasdaq Composite dropped 5.16%.
The largest fund house by assets managed was sitting on Rs 23,384.81 crore cash in March.
The short-term trend remains weak. But, having placed near the cluster support of around 22,000 levels, one may expect an upside bounce from the lows
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