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In Charts: What Technicals Are Saying About Indian Markets
Indian equities are likely to face resistance this week as benchmarks Sensex and Nifty ended in losses for the week ended Aug. 14.
17 Aug 2020, 12:51 PM IST
India’s equities are likely to face resistance as the benchmarks ended in losses for the week ended Aug. 14, dragged by lack of positive global cues, profit-booking at higher levels and no immediate relief by the Supreme Court to telecom operators on pending dues relating to adjusted gross revenue.“The global cues were weak due to lacklustre Chinese economic data and confusion over the U.S. fiscal stimulus that weighed on investor se...
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