Delta Corp shares have fallen 21% in the past six months and 59% over the last three years. The stock’s relative strength index (RSI) is at 36.1. According to Trendlyne, an RSI below 30 is considered oversold, while above 70 indicates overbought conditions.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is