Gold started losing its glitter since central banks started hiking rates. Central banks across the globe had reduced rates earlier to support economic activities, which were adversely affected during the pandemic. But now, many central banks are on the path of hiking rates to fight against higher inflation.
Sensex snaps 3-day gain, Nifty holds 25,900 amid IT selloff
Benchmark indices Sensex and Nifty ended largely flat on Wednesday, with the 30-share Sensex snapping its three-day gaining streak, while Nifty managed to close marginally