Gold prices were supported by lower-than-expected inflation in the US, UK, New Zealand and Australia, which could result in central banks pausing their interest-rate increase plans. However, after the narrative of a “peak rate” pushed US yields lower, rising yields allowed a US dollar index recovery
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and