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Stock markets fell for the fourth day, with Sensex dropping 548 points. Patanjali Foods shows a positive outlook despite resistance. Nykaa has declined over 30%, showing weak technical indicators. Delhivery remains bearish with weak investment prospects. Experts suggest cautious approaches for these stocks based on technical analysis when trading resumes.
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Gold prices reached an all-time high due to increased tariffs imposed by President Trump on steel and aluminum imports, stoking fears of a trade war and potential inflation. The safe-haven appeal of gold has been further fueled by global growth uncertainties and geopolitical tensions involving Israel and Hamas.
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Wall Street's main indexes rose on Monday, bolstered by AI stocks like Nvidia and steelmakers as Trump announced new steel and aluminum tariffs. U.S. metals producers surged, reflecting optimism over earnings growth. Big names such as Amazon also saw gains, while Tesla and some tech stocks faced declines.
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