Share Market Highlights 3 August 2023: Indian equities extend losses amidst Fitch's downgrade of US credit rating thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Relative Strength Index (RSI) is a momentum oscillator that helps traders and investors gauge the momentum and strength of a stock s price movement. RSI is calculated using a formula that takes into account the average gains and losses over a specified period.
Stocks of the country s bigger tile and ceramic makers were major gainers over the past week.
The leaders in this space Kajaria Ceramics and Cera Sanitaryware were up 7 per cent each.
In the past three months, Kajaria Ceramics and Somany Ceramics were up 29-32 per cent, while Cera Sanitaryware gained 22 per cent.
The narrative is that monsoon is a bad time for some sectors, anything linked to construction, whether it is spending on infrastructure by the government or private spending on home building. However, sometimes, those cycles and narratives are an opportunity which can be utilized for long term investing.
Flushing Systems Market Size, Share, Revenue, Trends And Drivers For 2023-2032 einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.