Indian markets closed lower on Thursday amid weak global cues and trade war concerns. Analysts see resilience despite US recession fears. US and European markets rebounded after volatility. Nifty remains in a consolidation phase, with key resistance at 22,550. MRPL, ITI Ltd, and Data Patterns saw strong buying, while KEC International and Zee faced selling pressure.
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Gold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowest