Indian markets brace for volatility as the West Asia conflict fuels investor nervousness. Despite oversold conditions, a bearish undertone persists, with Nifty and Sensex facing their sixth consecutive weekly decline. The RBI’s upcoming monetary policy review will be closely watched for sentiment cues. Analysts suggest cautious trading with specific strategies for Nifty and recommend select stocks for potential gains.
Gold steady as Mideast escalation tempers easing inflation optimism
Gold prices remained stable as U.S. inflation data showed easing pressures. However, Middle East conflict escalation drove oil prices higher, reviving energy cost concerns. U.S.