The Market breadth is turning weaker and weaker. The market has held up only due to some long term investors buying and short covering. The Buying volumes are low and shorts are getting built up.
You can expect fall in the market and it is not advisable to go long. Market is completely stock specific.
You can see weakness in index also depending on how weak will European market open and how does the rupee trade.
You can expect fall in the market and it is not advisable to go long. Market is completely stock specific.
You can see weakness in index also depending on how weak will European market open and how does the rupee trade.
Oil prices rebounded on Tuesday after plunging more than 4% in the previous session as U.S. Treasury Secretary Steven Mnuchin said the U.S. is considering waivers on Iran sanctions for some crude importers.
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