Indian equities are facing growing technical weakness, with three-fourths of Nifty 500 stocks trading below their 100-day moving averages. Heavy FPI selling, elevated crude prices, rising bond yields and weak auto sales have added to the pressure.
Indian equities are facing growing technical weakness, with three-fourths of Nifty 500 stocks trading below their 100-day moving averages. Heavy FPI selling, elevated crude prices, rising bond yields and weak auto sales have added to the pressure.