Gold, Rupee and Equity Markets: Price, trends to support levels, all you need to know
Prices have corrected sharply in the last session as encouraging Covid-19 vaccine news dimmed bullion’s safe-haven appeal while investors kept a close watch on developments around a US fiscal stimulus deal. Hence, ICICI Securities expect gold prices to remain in the range of Rs 49100-49900 levels in the short-term.
Equity benchmarks extended the record setting spree amid firm global cues that propelled the Nifty to end above 13500 mark for the first time ever. The Nifty rose 136 points to settle at a fresh record closing high of 13529: Reuters