Nifty is struggling to maintain position above the crucial long-term 200-day exponential moving average (EMA), with selling pressure from heavyweight stocks limiting any significant rebound.
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