During the entire August series, the index has encountered consistent selling pressure from elevated levels. A notable resistance zone was established around 19500-19700, where the bears exerted their influence.
US stocks declined on concerns over rising oil prices and higher Treasury yields affecting the market. Investors are cautious due to uncertainty surrounding a potential
Gold fell sharply as rising oil prices heightened inflation concerns and strengthened expectations for tighter monetary policy. A firmer dollar and increasing Treasury yields contributed
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