FIIs ease bearish bets post-Budget, but charts warn of range-bound Nifty: Anand James

Foreign investors are reducing their negative bets on the market after the Budget. However, the market’s overall sentiment remains delicate. Technical indicators suggest IT stocks may enter a period of consolidation or decline. Analysts are closely watching for sustained reductions in short positions to confirm a positive trend. The market is navigating a news-heavy week with cautious optimism.

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Gold, silver retreat as dollar ticks up

On Tuesday, both gold and silver experienced a pullback after a recent upward trend. The strengthening U.S. dollar has made these precious metals more expensive