“The huge opening upside gap of Monday remains unfilled. Technically, this pattern indicates strong upside momentum and a decisive upside breakout of the previous top at 20200 levels,” said Nagaraj Shetti, technical research analyst, HDFC Securities.
Trade tensions, not BRICS, are the bigger threat to global stability: Geoff Dennis
Geoff Dennis, an Independent EM Commentator, dismisses the notion of BRICS posing a currency threat to the US, despite China’s desire for a stronger RMB.