But if we look at the medium-term trend, then I think Nifty can touch levels like 23,500 to 23,000 in the medium term, not tomorrow, not day after tomorrow, but if we take approach of one to two months, then I think Nifty is headed towards 23,500 and 23,000.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders