JAKARTA Indonesia's Disaster Mitigation Agency on Wednesday reported a 6.5 magnitude earthquake on the Richter scale following an 8.7 magnitude temblor off the coast of the country's Aceh province, triggering a tsunami watch for the whole Indian Ocean.
(Reporting by Jakarta, Singapore newsrooms)
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With the Nifty breaching 8,500, sentiments are again bullish. But markets have been in the 8,200-8,600 range for some time and stocks across the board do not give the required confidence except for the liquidity factor. Many frontline stocks are not participating on the upside and the core sector is in a downtrend, writes Ambareesh Baliga. Column