Bears Inch Closer but Make a Hasty Retreat

Ninad RamdasiCategories: Editorial, Flash News Investment Appjoin us on whatsappfollow us on googleprefered on google

Bears Inch Closer but Make a Hasty Retreat

The Indian benchmark indices kicked off the week with a big gap down amidst below street expectation earnings reported by index heavyweights Infosys and HDFC Bank. Infosys opened below its important long-term moving average of 200 DMA and it touched levels which were last seen in the month of July 2021.

The Indian benchmark indices kicked off the week with a big gap down amidst below street expectation earnings reported by index heavyweights Infosys and HDFC Bank. Infosys opened below its important long-term moving average of 200 DMA and it touched levels which were last seen in the month of July 2021.

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