MCX Gold to Trade Sideways: Support at Rs 50300 [29-Aug-2022]

MCX Gold to Trade Sideways: Support at Rs 50300 [29-Aug-2022]

MCX Gold Price Forecast: Commodity prices traded mixed with bullion prices declined for the week witnessing selling in the second half of the week. Base metals ended in green on tight supplies and China stimulus hopes. Crude oil prices traded higher gaining on lower supplies and expectation of OPEC output cut.

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NDTV Founders Seek SEBI View On Warrants Conversion By Adani Group

India’s stock benchmarks declined, dragged by broad based losses across sectors led by information technology stocks. The sharp fall comes after U.S. Federal Reserve officials emphasised the need to continue with monetary tightening in the central bank’s efforts to rein in inflation. The comments have spurred a decline in global equities.

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Stock Recommendations For Today [26-Aug-2022]

Stock Recommendations For Today: India’s stock benchmarks advanced, aided by broad-based gains led by information technology, auto, banking, consumer durables, metals and power stocks. The resilience was seen across global markets as they withstood the hawkish comments from Fed officials at the annual conference in Jackson Hole, Wyoming.

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Nifty Weekly Forecast: Inflection Point Coming Up

Banks Stocks

Nifty Weekly Forecast: Even though no one wanted it, everyone was waiting for it! The dip, I mean. Friday’s trading confirmed the fears that most were harbouring, that the market was ‘due’ for a decline. As though it was some train that had got delayed or something. So, when it showed, everyone was, like, ‘I told you so’. Now, will come the next set of comments, predictions, new questions etc. But before all that, let’s just take a look at what has transpired so far during the week. The first chart details the intra-week move.

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