Elevated India VIX reflects market caution, making a Nifty breakout above 23,000 unlikely in the near term. Nifty Bank may face resistance, while Muthoot Finance looks bearish. Despite a shortened week, volatility may remain high. Top stock picks for the week include CCL and Anant Raj on technical breakouts.
Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here’s why
Shares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US Federal