The number of index constituents trading above 200-DMA, another technical indicator, is also favourable. At present, 70% of the Nifty 50 constituents are trading above the threshold — one of the highest among the all major markets, according to Bloomberg data.
Muted June quarter ahead, September may offer some relief: Dinshaw Irani
Helios Mutual Fund’s CEO, Dinshaw Irani, anticipates a dull June quarter with potential for an uptick in September, driven by interest rate cuts. While power