Indian stock markets witnessed a strong rally, breaking above key resistance levels. Analysts are optimistic about the upward momentum, predicting further gains in Nifty and Bank Nifty, driven by positive sector trends and short-covering. IT, pharma, and real estate sectors are expected to outperform, presenting attractive trading opportunities.
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