Market experts advise caution despite a brief equity rebound, citing ongoing global uncertainties and geopolitical tensions. Analysts believe the market has not fully absorbed the impact of recent events, with potential for prolonged volatility and supply-driven inflation. Investors are advised to focus on domestic-oriented sectors like banking, infrastructure, and automobiles, while maintaining a long-term positive outlook on defence stocks.
Silver dips Rs 3,800/kg, gold at Rs 1.58 lakh/10 gms after US attacks southern Iran in fresh strikes. Should you sell?
Gold and silver prices on the MCX opened lower on Tuesday as renewed U.S. strikes in Iran pushed oil prices higher, fueling concerns over sticky