A key gauge hints at extreme bearishness https://ift.tt/nPY1wvp of the BSE-500 index, Solara Active, Dilip Buildcon, Indiabulls Real, Hikal, Indiabulls Housing, Brightcom Group, Metropolis Healthcare, Jindal Stainless, RBL Bank, and Dishman Carbogen are 48-68% away from their 200-DMAs. This means pessimism in these stocks is high. Stocks in the financial sector are furthest away from their 200-DMAs.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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