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PSU bank stocks are showing signs of exhaustion after a strong rally, with indicators like Shooting Star candles and MACD crossovers suggesting a potential pullback. Investors are advised to wait for dips before turning bullish again. Nifty Bank also witnessed an evening star formation, hinting at possible downside moves.
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News and Media
Oil prices are falling again. Peace talks between Russia and Ukraine are moving forward. This could lead to more Russian oil entering the market. The U.S. dollar is also getting stronger. This makes oil more expensive for many countries. Investors are watching these developments closely.
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News and Media
Gold prices fell on Monday. A strong US dollar near six-month highs impacted the precious metal. Hopes for a December interest rate cut by the US Federal Reserve diminished. This development is significant for investors. Other precious metals like silver, platinum, and palladium also saw price movements. Investors are closely watching economic indicators.
Category:
News and Media
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