After an impressive surge, Indian stock markets took a breather on Friday, with both Nifty and Sensex registering slight declines. Experts indicate this pause is due to a temporary slowdown in buying interest, lacking robust bullish signals. Market sentiments were also swayed by remarks from the US Federal Reserve.
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