Markets are experiencing a cautious rebound after recent declines. This rally, fueled by short covering and domestic institutional buying, is met with skepticism. Experts suggest a decisive shift depends on a resolution to the West Asia conflict. Foreign institutional investors continue to sell, adding to market unease. Traders await clarity on the geopolitical situation before committing further.
Gold heads for weekly loss amid oil-driven inflation concerns
Gold prices held steady Friday, but a weekly dip was likely as soaring oil prices fueled inflation concerns, impacting interest rate expectations. Meanwhile, geopolitical tensions
May 1, 2026