Gold prices are stable near record highs. Investors are watching for United States inflation data. Many Federal Reserve officials will speak this week. The central bank may further ease monetary policy. The Personal Consumption Expenditure price index data is due on Friday. Markets expect two more rate cuts this year. SPDR Gold Trust holdings increased.
F&O Talk: Nifty charts suggest further consolidation; Sudeep Shah’s strategy on Cohance, HEG and 4 more stocks
Indian markets corrected amid volatility, with Nifty entering a consolidation phase after a sharp April rally. Technical indicators suggest a range-bound trend with key support