The index rose 0.3% to end at 19,413 – a record close, while the benchmark Nifty gained 0.1% to close at 22,529.05. The volatility index, or India VIX – market’s fear gauge, jumped 6.3% to 21.81, suggesting traders see risks in equities in the near term.
Gold demand in India seen falling as prices surge, investment buying rises
India’s gold consumption is projected to drop to 650–700 tonnes this year as a sharp price rally hurts jewellery demand. Investment buying remains strong, with