Nifty is struggling to maintain position above the crucial long-term 200-day exponential moving average (EMA), with selling pressure from heavyweight stocks limiting any significant rebound.
Brent crude futures were down $1.29, or 1.42%, at $89.45 a barrel. U.S. West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to $83.90
Indian stock gauges rose over one percent on Wednesday. Overseas fund flows are expected to shift into local technology companies. The Nifty and Sensex closed
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