Momentum indicators RSI and MFI showed that the stock was trading in the mid-range of 50 and 67, respectively. A number above 70 indicates that the stock has entered the overbought zone.
Investors not inclined to ‘sell India buy China’ but to ‘sell India buy USA’: Samir Arora
Samir Arora cautioned investors not to get overly excited by CLSA’s increased allocation to India. He believes that investors were shifting to the US, not