“Dollar index monthly chart shows completion of harmonic pattern which is bearish in nature. The minimum target of 89 opens up till the time index trades below 110. Bearish observations on the dollar index support our bullish view on emerging equity for the next few months,” says Edelweiss Broking’s research head Vinay Khattar.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid