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Looking at the near-term structure, if we sustain below to 25,000 level, yes, possibly we could see furthermore supply pressure in the continuation of this down move.
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On Vi, it maintained its sell rating, while raising the price target to 2.5 from 2.2, implying a downside of 81.4% from Friday's closing of 13.43. Vodafone shares plunged 11% on Friday.
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The regulations require overseas investment vehicles to provide granular details of all entities holding any ownership, economic interest, or exercising control, failing which they must liquidate their domestic holdings.
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