Dubai, where Mark Mobius has lived for the past three years, has emerged as a favored destination for investment banks, asset managers and hedge fund traders, who are drawn by its ease of doing business, tax-free status and allure as a global travel hub. It’s also a more friendly time zone for portfolio managers who have global investments spanning North America to Asia.
Tech View: Nifty forms high-wave type candle. What traders should do on Tuesday
The overall positive chart pattern of Nifty remains intact. There is a possibility of Nifty continuing its upward journey without showing any major breakdown in