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The 14-day relative strength index (RSI) stood at 77.78 at the end of the day, suggesting that the index is in the overbought territory. Analysts are a bit cautious, but said there are no signs of weakness on the technical charts. They predict further gains ahead.
Stocks in focus: Gland Pharma, Garden Reach, MRPL, Orient Cement and more
from Stocks-Markets-Economic Times https://ift.tt/3huTv7T
… Read MoreBuffett's Berkshire buys Aon, slashes Chevron and Wells FargoBuffett is "likely shoring up reserves" for a major acquisition, said Doug Kass, a principal at Seabreeze Partners Management LLC in Palm Beach, Florida. "He is clearly in no rush and is sitting on his hands, awaiting the rig… Read MoreSome big US hedge funds bought value stocks, SPACs during first quarterAt the same time, several hedge funds added to financial, energy and consumer companies. Third Point added a new position in Carvana Co and Uber Technologies Inc, while Epoch Investment Partners added new positions in energy … Read MoreStocks in news: Tata Motors, Bharti Airtel, Federal Bank, Canara Bank, GNFC and NBCCAarti Industries, GSK Pharma, Canara Bank, Route Mobile, Jyothy Laboratories, Chalet Hotels, Minda Corp are among companies that will announce their March quarter results today.
from Stocks-Markets-Economic Times https://ift… Read MoreAsian shares push higher, dollar easesMarkets are waiting on Wednesday's release of the minutes from the Federal Reserve's policy meeting last month, which could shed more light on the policymakers' outlook on inflation and an economic rebound.
from Stocks-Marke… Read More
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