A close below Rs 1,100 could take the stock towards Rs 1,050-1,035. On the flip side, as long as it is trading above Rs 1,100, the uptrend texture is intact. Above the same, it could move up to Rs 1,200-1,225 levels.
India’s weight in major global emerging-market ETFs has begun to recover recently. This rise follows a steady decline over the past year, showing improved performance.
Asian markets followed Wall Street’s downward trend as caution in technology stocks seeped into trading. Meanwhile, gold prices soared for the fifth day straight, hitting
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