Religare Broking Podcast

The markets edged higher, gaining over half a percent, signaling a resumption of the uptrend after a brief pause. Following an initial uptick, Nifty traded within a range during the first half, but selective buying in heavyweight stocks

Gold prices are trading in a narrow range but the bias is positive, while investors looked toward key U.S. inflation data due later this week that could throw some light on the Federal Reserve's stance on interest rate cuts.  Intraday support lies near 71550 with resistance close to the 72200 level.

The market began the week with a slight decline but managed to close flat, continuing its consolidation phase. After an initial drop,

Gold has edged up as the U.S. Treasury yields eased, while investors awaited inflation reading due later this week that could influence the Federal Reserve's interest rate trajectory. Intraday support lies near 71250 with resistance close to the 72100 level.

The markets experienced volatility today, resulting in a slight decrease of nearly half a percent despite mixed signals.

Gold prices are set to post a second consecutive weekly gain on Friday as recent softer U.S. economic data kept traders optimistic for interest rate cuts later this year, with other precious metals also heading for a weekly gain. Intraday support lies near 72450 with resistance close to the 73100 level.

The markets traded lacklustre in a narrow range and ended the session slightly higher

Gold is presently getting support through investors’ confidence in the prospect of a drop in U.S. interest rates this year, ultimately boosting demand for the commodity.

Markets began the week with modest gains, continuing the prevailing positive trend

The market maintained a consolidation bias on Friday, closing marginally in the green.