Sensex and Nifty hit record highs, driven by PSU banks and foreign inflows. Aurobindo Pharma rose 20%, with an overbought RSI, trading 9.5% above the mean. Tanla Platforms nears its 50-week average, trading sideways. IDBI Bank shows strong demand at 76, with the highest quarterly trading volume, and momentum approaching breakout.
Investors heartened by Warsh inflation talk, still uncertain about Fed action
Federal Reserve Chair Kevin Warsh made it clear that inflation control is a top priority. He suggested that to combat escalating price pressures, interest rate