Gold is currently trading at ₹90,966 per 10 gm in the physical market, up by ₹1,802 per 10 gm from Friday, when India’s bullion market was last open. The market was closed on Monday due to Eid.
Q3 earnings recovery could trigger market upswing: Nikhil Ranka
Nikhil Ranka from Nuvama Asset Management suggests that the market has corrected, presenting an 8–9% upside from the Nifty’s fair value. IT stocks appear to