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In Charts: What Technicals Are Saying About Indian Markets
NSE Nifty 50 and BSE Sensex rallied for the third consecutive week on hopes of a covid vaccine. What does the coming week entail?
05 Jul 2020, 01:03 PM IST
Indian equity markets rallied for the third consecutive week—its longest gaining streak in about nine months—as optimism over a potential Covid-19 vaccine emerging soon and positive global cues drove investor sentiment.“Indian equity markets continued their upward momentum on the back of positive global cues,” said Siddhartha Khemka, head of retail research at Motilal Oswal Financial Services Ltd. “Global sentiments continue to be bu...
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