“The index biggies, ICICI Bank, SBI, Axis Bank, and Kotak Bank which together form around 57% of the index, look weak in weekly charts with weekly MACD signals a break seen in SBI and Axis.”
Jefferies is favouring largecaps as rising bond yields pressure Indian equities, citing relatively attractive valuations and a narrowing earnings gap with midcaps. The brokerage has
Sebi has called Jane Street’s demand for additional documents a “dilatory” tactic as the Wall Street trading firm challenges the regulator’s market manipulation allegations. The
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