FIIs have sold Indian stocks worth Rs 37,700 crore since the Lok Sabha elections began on April 19, causing nervousness on Dalal Street. India VIX has increased by 67%. In contrast, DIIs have spent Rs 60,000 crore, holding strong amidst market volatility.
Gold edges higher as investors assess Fed rate-hike odds
In early Asian trading, gold prices saw a modest uptick as speculation swirled regarding the Federal Reserve’s policy stance. Investors are closely watching remarks from