Reliance Infrastructure surged 5% to hit the upper circuit for the second consecutive session, extending its rebound after a sharp six-day decline. Despite the recovery, the stock remains under pressure—down 27% in a month and nearly 60% from its 52-week high—while technical indicators continue to signal broader weakness.
Oversold signals emerge amid market slide; technical charts hint at possible relief rally
Indian equity markets are experiencing significant volatility after three days of selling. Technical indicators suggest a potential short-term rebound due to extreme oversold conditions, with
March 5, 2026