Bulls may attempt a shot at $1965 resistance in the near term. The interim hurdle comes at $1955 while support is at $1931/$1914. For now, dip buying is expected to be a preferred trade.
Gold prices have taken a hit, influenced by rising oil rates that have sparked inflation fears and suggested further interest rate hikes may be on
Foreign Portfolio Investors have withdrawn significant funds from Indian equities, resulting in notable market losses. Meanwhile, domestic mutual fund inflows have provided some support, mitigating
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