Gold prices dipped as U.S.-Vietnam trade de-escalation boosted market sentiment. Investors are keenly awaiting the U.S. payroll data for insights into the Federal Reserve’s future policy decisions. The U.S. will impose a lower tariff on Vietnamese goods, while negotiations with India face hurdles over agricultural exports. U.S. private payrolls saw an unexpected decline, heightening anticipation for the non-farm payrolls report.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The