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"The dollar index has recovered from lower levels after FOMC minutes stated that the time of interest rate cut is not yet confirmed. We also see thin demand for gold and silver in the physical markets," Anuj Gupta, Head-Commodity & Currency, HDFC Securities said.
Hero MotoCorp, Bajaj Auto, Reliance Industries, Axis Bank and BPCL were among the top Nifty gainers, while losers included Infosys, Dr Reddy's Laboratories, SBI Life Insurance, HUL and Wipro
In anticipation of inflation data from the US, the Indian market exhibited range-bound trade, Vinod Nair, Head of Research, Geojit Financial Services, said.Though investors anticipate US inflation to ease, global markets, expecting a CY24 ...
Nifty on Thursday ended 28.5 points higher but formed a small negative candle with a minor lower shadow on the daily chart, indicating a range-bound action below the immediate resistance.
Comex Gold futures were trading at $2,036.40 per troy ounce on Wednesday, up by $3.40 or 0.17% while Silver futures were trading at $23.170, lower by $0.079 or 0.340%.