The 10-period EMA around 22,200 levels has offered support for the market in the last few months, said analyst Nagaraj Shetti. The daily momentum indicator has triggered a fresh negative crossover, which is a sell signal.
Indian benchmark indices ended in the red on Thursday dragged by auto, IT and metal bank stocks. While Nifty closed at 22,397.20, down by 73.30
Technology spending is now essential, with Indian IT firms poised for continued growth despite cyclic slowdowns. HDFC Technology Fund adopts a bottom-up approach, balancing industry
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