Indiabulls Housing Finance’s daily trend is sideways. The RSI for monthly, weekly and daily are showing sideways momentum. Based on option chain analysis, the range is between 160 and 180. Let’s plan a trade around this.
Repo rate to remain unchanged? RBI MPC statement by RBI Governor, Nifty, markets outlook in top news on June 8. Realme 11 Pro, Realme 11 Pro+ India launch, Cyclone Biparjoy and other top stories.
Stocks in focus today: Overall market outlook remains positive with stock-specific action. Over the next few days, investors would take cues from global events like FOMC minutes, GDP numbers in the US, and CPI inflation in UK and Japan. L&T, Indiabulls Housing Finance, ONGC, and Welspun are among the stocks to watch on Tuesday, May 23, 2023.
Indiabulls Housing Finance shares stock tanked up to 9.97 per cent to Rs 121.85 in early trade, its biggest single day decline since May 11, 2022, against the previous close of Rs 135.35 on BSE.