According to Sandip Sabharwal, the proposed US remittance tax is the primary concern for Indians, potentially affecting remittance flows and increasing costs for the Indian diaspora. He believes bond yields are not a major issue for India unless a default crisis arises, noting divergent trends globally.
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the Nifty 500 pack, eight stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 27, according to stockedge.com’s technical scan