Nifty extended its upward journey for the fourth straight day but late selling pressure dragged the index below the 24,800 mark. The broader markets showed a mixed trend with midcaps outperforming, while auto heavyweights led the charge in yesterday’s session. The metal index gained momentum on hopes of a Fed rate cut, whereas the IT index came under pressure following a weak US jobs report. This morning, global cues were largely positive. US markets ended Monday's session on a positive note, while Japanese markets lead Asian markets gains. Gold continued to surge to record highs as prospects of rate cut turned stronger. Catch Lovisha Darad in conversation with Jay Thakkar, Head Derivatives and Quant Research, ICICI Securities and Daljit Singh Kohli--Head -Equity, Roha Asset Managers LLP.
first published: Sep 9, 2025 09:00 am
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