Wed, Dec 02, 2020
Nifty has remained stuck within the 12730 and 13150 range weighed by lacklustre movement among banking and IT stocks. Among sectors, commodity-related stocks have continued outperforming, partly underpinned by the dollar's broad-based weakness. Meanwhile, broader markets have remained firm, but the rally is showing signs of fatigue on shorter time frame charts.
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Fri, Nov 23, 2018
Demand in India, the second biggest gold consumer after China, usually picks up towards the end of the year going into the wedding and festival season, when buying the metal is considered auspicious. The current price level was attracting both jewellers and retail consumers, said Daman Prakash Rathod, a director at MNC Bullion, a wholesaler in Chennai.
Thu, Aug 03, 2017
WGC said, "India drove global Q2 jewellery demand growth almost single-handedly. Demand shot up to 126.7t compared with just 89.8t in Q2 2016."
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