“On the daily chart, the benchmark Nifty has formed a dark cloud cover formation, suggesting a bearish reversal. Besides, the index has fallen below the 200-DMA, which is again a bearish setup,” Rupak De, Senior Technical Analyst at LKP Securities, said.
Indian equity markets soared to a nine-month peak, propelled by banking stocks and improved investor confidence due to easing geopolitical tensions in West Asia. The
The commitment to the RBI comes in the backdrop of the central bank’s draft guidelines issued last October on ‘Forms of Business and Prudential Regulation
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