The recent up-move has mainly been a short covering-led rally, facing resistance near 17,429 levels, where the gap zone is placed. We will be cautious going into the new week as US unemployment rate numbers last Friday increases prospects of aggressive tightening.
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisions
Sebi is simplifying stock exchange rules to boost business ease. The regulator plans to consolidate multiple circulars into a single master document, removing outdated provisions