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​ In Aggressive Long Cover, cumulative open interest and price of stocks usually decrease whereas their average traded and delivered quantity for 5 days increase. ​

Indian stock markets surged to a six-month high with Sensex rising 400 points and Nifty crossing the 18,700 mark as it reacted positively to macro data and strong global trends. The FMCG sector rose 1.38%, while consumer durables climbed 1.8%. Real estate, too, showed a jump of 2.94%. Stocks such as MRF and Olectra Greentech were among those in focus. Experts at SSJ Finance & Securities recommend buying at the current level and dips of INR 97,000 for MRF and Olectra Greentech, with resistance around INR 940 and selling at INR 201 for ZEE.

Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

In the Nifty200 pack, 12 stocks crossed their previous 5-year high value at the close on June 13, suggesting bullishness in counters.

We believe the markets have factored many negatives like lower rainfall expectations, higher inflation, and interest rates, the US recession & banking collapse, Crude supply cuts, and the Russia-Ukraine war.

​ISM manufacturing is already at 46, i.e. in contraction zone. So the key focus for US is going to be to avoid a recession, or if there is a recession, then keep it shallow. And that is where the Fed is going to be focused.

Apart from the Zudio stores, the Tata Group company will also add 30 Westside, and 10 Samoh stores this year, for a total investment of ₹800 crore, it said in its annual general meeting on Monday. The company also has Zara, Star Bazaar and Landmark stores in its fold.

Nearly $172 million exited from global exchange-traded products tracking everything from Bitcoin to Cardano in the first six months of 2023 amid an industry wide rally, following outflows of just $37 million in 2022. That compares to record cash inflows of nearly $10 billion in 2021 and $6.7 billion in 2020, Bloomberg data show.

Listing the key lessons of the post Covid years, Das said that being proactive and nimble footed during a crisis gave RBI the agility to respond speedily to evolving developments.