In the 1970s, the Group’s founder, Prabhudas Lilladher Sheth, traveled to the US and studied stockbroking and market practices of US exchanges. He offered valuable insights to Mr. Phiroze Jamshedji Jeejeebhoy, Chairman of the Bombay Stock Exchange (BSE), contributing to the transformation of India’s stock market from manual outcry trading to computer-based systems.
The RSI myth: Does this popular trading indicator actually work?
A 25-year backtest of RSI strategies across Indian indices reveals that long-only approaches yield promising results, particularly the RSI 30-70 reversal method for patient investors.
August 3, 2025