On the weekly chart, the index has formed a Bearish candle which engulfed its previous week’s move, forming a “Bearish Engulfing” candlestick formation, indicating a bearish reversal.
RBI Governor Shaktikanta Das stated that the Indian economy and financial sector are in a strong position. India’s external sector is robust, and the current
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
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