A shortage in demand caused by above-normal temperatures in key consumers like the US and Eurozone, the industrial slowdown in Europe, and record-high production and exports from the US depressed prices across the globe.
The stock is currently trading at Rs 120, positioned below its 10, 20, 50, and 100-day exponential moving averages (DEMAs), while attempting to hold above
Zerodha founder Nithin Kamath emphasized the importance of risk management for longevity in markets. He shared insights from Tom Basso’s podcasts, focusing on risk exposure
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