Economy · India
Indian Stock Markets Face Crucial Test Amid Rebound
Indian stock markets, including the Nifty 50 and Sensex, are at a critical juncture as they attempt to sustain a recent rebound after ending their longest weekly losing streak in 25 years. Technical analysts are closely watching key support and resistance levels to determine if this marks a sustained recovery or a temporary pause in a broader downtrend. Separately, a report highlights a projected $2.5 trillion boom in the Engineering, Research, and Development (ER&D) sector by 2030, with only 5-6% currently outsourced, identifying three Indian stocks to watch within this growth area.
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- Centre (2): Mint, The Financial Express