Equity markets are experiencing renewed volatility as brief optimism fades, pushing benchmark indices back into consolidation. Investors remain cautious, with the Nifty’s primary trend seen as bearish, trading below key moving averages. However, selective sectors like defence and power, particularly PSUs, show resilience and offer stock-specific opportunities.
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