A small negative candle with a long upper shadow on the daily chart suggests a false breakout above 25,500. This sharp rejection from new highs indicates a potential short-term dip, according to Nagaraj Shetti of HDFC Securities.
India, Taiwan ETFs see record outflows before Asia stock rebound
US-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite this, Asian equities rebounded sharply