Technical indicators reveal a weakening undertone in India’s top 500 shares, with a majority trading below key moving averages. This broad-based weakness, exacerbated by trade deal uncertainties and global concerns, suggests sellers are dominating across sectors. While oversold conditions may present buying opportunities for quality stocks, a decisive upward trend is not yet anticipated.
A record run! NSE IPO draws Rs 90,000 crore demand, takes subscription crown among India’s 5 largest offerings
NSE IPO GMP Live Updates: The Rs 22,561.57 crore public issue, the second-largest IPO in India by issue size after Hyundai Motor India, received bids