|
A steady influx of foreign capital has positioned the nation's bonds among top performers in developing markets this year, while the country's stock market hit a record high last month, buoyed by robust domestic liquidity. India's appeal is driven by a blend of structural factors: stable political ties with both the US and Russia, capital controls that curb hot money flows, and a currency that's less impacted by big dollar moves than emerging market peers.
Category:
News and Media
Conversely, if Nifty crosses and sustains above 24,350, it could gain buying momentum, pushing the index towards the 24,500- 24,750 levels. The weekly RSI is moving downward and is positioned below its reference line, indicating a negative bias.
Category:
News and Media
The bean counters are back in control with a new chancellor who wants to change the rules without rocking the boat.
Category:
News and Media
All news |
||||||||||||||||||
|