“The index biggies, ICICI Bank, SBI, Axis Bank, and Kotak Bank which together form around 57% of the index, look weak in weekly charts with weekly MACD signals a break seen in SBI and Axis.”
Coforge and Cigniti Technologies are progressing towards a merger, with EY and Axis Capital preparing terms for shareholder approval. Coforge plans to absorb Cigniti, with
Shares swung between gains and losses in Japan and edged lower in Australia, with shortened sessions in Hong Kong and Sydney for Christmas Eve. US
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