Monday brought a small drop in gold prices, a contrast to the robust gains of the previous trading day. The latest inflation report from the U.S. was softer than expected, raising expectations for interest rate cuts by the Federal Reserve.
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj
Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation
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