Stocks of multiplex operators have been under pressure ever since the government announced a nationwide lockdown to arrest the spread of the Covid-19 pandemic. However, things may change for better with reports suggesting cinema halls and multiplexes may re-open from August 1 under the Unlock 3.0 to be announced by the government over the next few days.
READ ABOUT IT HERE Here is a look at what technical indicators suggest for key multiplex and media stocks, and how you should trade them. NIFTY MEDIA: A positive crossover of 50-day moving average (DMA) with 100-DMA has given a ...
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