Technical Analysis on Indian Stock Market Trading

Shares in Indian defence equipment makers gain after the government increased the FDI investment limit in the defence sector to 49 percent. Astra Micro Wave Products Ltd gains 2.7 percent, Bharat Electronics Ltd advances 2.3 percent and BEML Ltd adds 3.9 percent. Some analysts say the government should have raised the limit to 74 percent to give foreign firms actual control. 

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