The 10-period EMA around 22,200 levels has offered support for the market in the last few months, said analyst Nagaraj Shetti. The daily momentum indicator has triggered a fresh negative crossover, which is a sell signal.
Recent US economic data shows inflation and jobless claims are lower than anticipated. However, a government shutdown may have skewed these figures. Experts suggest clarity
Asset management company stocks are seeing a sharp rise. Regulators have eased proposals on expense ratios. This has led to a positive outlook for listed
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