Religare Broking Podcast

It was a quiet trading session for the Nifty, which remained in a narrow range and ended the day almost flat.

Gold futures have recovered partially from the previous day’s
sharp sell-off.

Markets ended slightly higher in a lackluster session, pausing after the recent rally. Following an initial uptick, the Nifty traded within a narrow range and closed at 24,811.

Gold prices fell as the U.S. dollar edged higher, while traders
took positions ahead of U.S. jobs data and comments from the Federal
Reserve chief that could offer further clarity on the depth of a
likely September rate cut. Tone remains positive with support near
71500 with resistance close to the 72200 level.

The markets edged higher, gaining nearly half a percent, continuing the ongoing trend. Following a flat start, the Nifty traded within a narrow range but saw selective buying in the final hour, pushing the index to close near the day’s high at 24,770

Gold prices are attempting for a pullback as the shorts unwind
their positions ahead of the FOMC minutes outcome

The markets continued their upward momentum, gaining nearly half a percent.

Gold prices have trended higher amid rising investment demand and
expectations that the FED will reduce the interest rate in September.

Markets began the week on a muted note and ended nearly flat, taking a breather after Friday’s surge. Following an initial uptick, the Nifty traded within a narrow range and ultimately closed at 24,580 level.

Markets staged a robust recovery on Friday, gaining nearly 1.5%, driven by positive global cues.