India’s gold demand witnessed a 15% drop in the March quarter due to surging prices, with jewellery sales particularly affected. Despite this, investment demand remained strong, fueled by interest in gold ETFs and digital gold. Retailers remain optimistic, anticipating overall demand to stay between 700-800 tonnes for the year, supported by increased gold imports.
Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate