As gold prices breached Rs 1 lakh per 10 grams on MCX for the first time, a decades-old Bollywood clip featuring Shakti Kapoor went viral for “predicting” the surge. While analysts cite geopolitical tensions and safe-haven demand for the rally, social media hailed Kapoor as an accidental financial guru, adding humor to an otherwise intense market moment.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to