The weekly RSI stood at 72.11; it marked a new 14-period high which is a bullish indication. The RSI is mildly overbought. However, it remains neutral and does not show any divergence against the price. The weekly MACD is bullish and remains above the Signal Line. A strong White Body emerged on the candles. It shows directional consensus among the market participants.
India News: NEW DELHI: In what could lead to a diplomatic tug-ofwar between developed and developing countries over the ‘net-zero’ goal, India would tell big hist.
The bull is showing no signs of fatigue as the Nifty raced to another record close. Global support to the rally is intact with the Dow and S&P setting yet another record high. Retail investors relentlessly chasing stocks and the sheer momentum in the market may take the Nifty to 16,500 levels, said an analyst.
Power Finance Corporation Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 33700.64 Crore) operating in Term Lending Institutions sector.
Most analysts increased their earnings estimates for the company and raised price targets for the stock after the June quarter earnings, maintaining their overweight stance.