Nomura India said broader markets appear technically oversold, with the percentage of stocks above 200-DMA in NSE500 and the Nifty index close to record lows.
Stock market oversold! Is it time for recovery in broader indices?
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Nomura India said broader markets appear technically oversold, with the percentage of stocks above 200-DMA in NSE500 and the Nifty index close to record lows.