High gold prices significantly impacted Akshaya Tritiya sales, with volume declining by an estimated 30% nationwide. While overall gold sales volume decreased, value increased by 15-20% due to soaring prices, reaching ₹98,469 per 10 grams with GST. South India showed stronger demand, particularly for plain gold and diamond jewellery, contrasting with muted demand in other regions.
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