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The Dollar Index (DXY) is hovering above the 104 mark against a basket of six top currencies at 104.39, up by 0.16 points or 0.16%. It has gained 0.95% over the past five trading sessions.
The upcoming week is likely to remain volatile as the March Future and options F&O series will expire.
Gold and silver contracts opened positively on Wednesday, with April gold futures gaining 0.12% and May silver futures rising by 0.10%. Prices have declined from their all-time high due to fears of prolonged elevated interest rates and higher consumer inflation in the US. MCX gold prices have risen 4.78% MTD and 3.73% YTD.
The Nifty Bank index fell more than 300 points to close at 46,981, while the Nifty50 closed 1.5% lower below 22,000 levels. PNB, Bandhan Bank, Bank of Baroda, and Federal Bank were among the top index losers.
Melissa Rivers wants some credit for the lucrative job of celebrity stylists.