Silver prices in Delhi soared to a record ₹1.40 lakh per kg, driven by strong global cues. Conversely, gold prices dipped to ₹1,17,370 per 10 grams due to weak retail demand. Futures trading saw silver contracts reach new peaks, while gold also experienced gains, fueled by expectations of Federal Reserve rate cuts.
Nifty reclaims 200 WMA; eyes further gains as key resistance shapes next move
Indian equity markets rebounded 2.78%, with the Nifty reclaiming its crucial 200-week moving average. However, weak momentum indicators and overhead resistance warrant caution. Banking, metal,