We saw the premium for the Nifty Futures coming back from discount parity towards being at a 35 points premium so that is again a healthy sign for the indices. So I believe that data points as well as the factors indicate that the 17200 or maybe 17160 to be precise could act as a good base for the index.
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Gold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowest