However, Vijayakumar cautions that the elevated valuations are still a concern. If the US growth concerns impact global equity markets in the coming days, FPIs are likely to use the opportunity to buy in India.
Indian stock markets are poised for a strong opening, extending Friday’s gains as GIFT Nifty surged. Optimism surrounding a potential resolution to the Iran-US conflict
Gold ETFs have delivered significant returns, with some offering up to 59% since the last Akshaya Tritiya. Tata Gold ETF led with a 59.42% return.
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