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This article shines a spotlight on 10 stocks that have witnessed a surge in RSI, handpicked from a list of 30 stocks highlighted by StockEdge on August 16, Wednesday. We explore the significance of RSI in assessing stock movements and how it can guide investment decisions
In this informative article, we delve into the world of stock market indicators, focusing on the Relative Strength Index (RSI). We discuss the significance of RSI in assessing stock movement and identify ten stocks that have recently witnessed a decline in their RSI. As an essential tool for potential investors, we analyze the RSI data of these stocks to provide valuable insights for decision-making.
Sectorally, buying was seen in IT, metal, realty, and telecom stocks while selling was seen in consumer durables, and power stocks.
India's electric vehicles face practical, technical hurdles NEHA MEHROTRA, Associated Press FacebookTwitterEmail 9 1of9A driver of an electric car charges his vehicle at public charging station in New Delhi, India, Thursday, April 1, 2021. India has ambitions to expand use of electric vehicles to wean itself from polluting fossil fuels, but EVs are still a rarity on its congested highways. A lack of charging stations and poor quality batteries are discouraging drivers from switching over.Neha Mehrotra/APShow MoreShow Less 2of9A driver of an e-rickshaw waits for passengers at a bu...
Synopsis The country is now making an ambitious push for what it calls "electric mobility," to reduce smog. But the effort is plagued with technological and logistical hurdles, even for those relatively simple vehicles. Getty Images H.S. Panno, an independent contractor living in a spacious two-story penthouse in New Delhi, had his doubts when he bought his first electric car in September. So far, he's pleased with his savings on gas and maintenance, which are down by more than half, but disappointed with the practical limitations of driving his Nexon XZ+. For starters, he says he's only get...