India is witnessing a surge in gold and silver demand ahead of Akshaya Tritiya, with trade expected to cross ₹20,000 crore this year.
India is witnessing a surge in gold and silver demand ahead of Akshaya Tritiya, with trade expected to cross ₹20,000 crore this year.
The BSE Sensex ended almost flat near the 78,000 mark after a highly volatile trading session. The index initially surged nearly 600 points on positive global cues and easing geopolitical tensions but later lost momentum due to profit booking at higher levels.
The ongoing geopolitical tensions have triggered a significant surge in global energy prices, creating ripple effects across economies worldwide. According to global experts, the energy shock is expected to impact both developed and emerging markets.
Indian markets are expected to open on a muted note, as positive geopolitical developments are offset by weak corporate earnings guidance. Global cues remain mixed, creating uncertainty among investors.
Indian stock markets witnessed a strong rebound, with the BSE Sensex rising over 400 points and the Nifty 50 crossing the 24,350 mark. The rally was supported by easing crude oil prices and growing optimism around a possible resolution in the US–Iran conflict.
Gold prices have softened in recent sessions as investors moved funds toward equities following the sharp rally in stock markets. A stronger dollar and reduced panic sentiment have also contributed to the decline.
The Indian rupee has shown signs of recovery as foreign institutional investors (FIIs) turned net buyers in recent sessions. Improved global sentiment and falling oil prices have supported currency stability.
Indian markets are expected to open on a strong note, with Sensex and Nifty likely to gain momentum after a period of heavy volatility.
Indian markets are witnessing a major shift in investor participation, with retail investors playing a crucial role in stabilizing markets amid heavy foreign outflows.
Gold prices have shown an upward trend, supported by global uncertainty and inflation concerns. Investors continue to view gold as a safe-haven asset amid geopolitical tensions and economic risks.
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