The amendment to the tax law could resolve at least 17 disputes of tax payments amounting to 500 billion rupees ($6.7 billion) or more, and will help boost investor confidence in the south asian economy, analysts said.
This move is a reversal from the day prior, which saw price move down.
Regarding the trend, note that the strongest trend exists on the 100 day timeframe.
It’s been a feast for bears operating on an hourly timeframe, as vod has now gone down 4 of the past 5 hours.
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