Indian stock markets experienced a sharp downturn on Wednesday, with both Sensex and Nifty declining approximately 0.8%. The Sensex dropped over 600 points to below 74,600, while the Nifty 50 fell more than 190 points to slip under 23,450. This decline was influenced by the rupee’s depreciation and other market dampeners, as India VIX saw a 1% rise.
Silver dips Rs 3,000/kg, gold down Rs 1,100/10g as firm dollar outweighs Iran war peace hopes. What’s next?
Gold and silver prices slipped on MCX Wednesday as rising U.S. Treasury yields and a stronger dollar weighed on bullion despite optimism over a potential