Technical indicators reveal a weakening undertone in India’s top 500 shares, with a majority trading below key moving averages. This broad-based weakness, exacerbated by trade deal uncertainties and global concerns, suggests sellers are dominating across sectors. While oversold conditions may present buying opportunities for quality stocks, a decisive upward trend is not yet anticipated.
Market wrap: Sensex closes flat, Nifty holds 23,400; Titan, Eternal lead gains
Indian stock markets finished the trading session with minor gains. The Sensex and Nifty saw fluctuations throughout the day before settling higher. India VIX, a