Bank Nifty and Nifty IT outperformed Nifty last week, with Bank Nifty showing a trend reversal and potential for new all-time highs, while Nifty IT staged a modest comeback. Tata Communications’ structural breakout suggests a medium-term rally toward Rs 2,300. BSE shares continue momentum, and top stock picks include Nykaa, Indigo, and FedBank, all showing strong technical setups for short- to medium-term gains.
Fed tightening bets weigh on gold prices
Gold prices have taken a hit, influenced by rising oil rates that have sparked inflation fears and suggested further interest rate hikes may be on