In global markets, gold prices fell to $2,670 per ounce, while in Kerala, the price of gold jewellery dropped by Rs 440 to Rs 57,760.

Technically, momentum indicators signal a negative trend, and the Nifty remains below its short-term  and medium-term moving averages.

Inflation is rising, company profits are falling, crude oil and gold prices are down, while Bitcoin surges past $81,000, signalling key market shifts.

M-cap of the top 10 companies in India tanked by ₹1.55 lakh-crore last week.

The current expectations of a substantial correction in equity prices are not a good reason for you to change your asset allocation; you need to know how asset prices behave across cycles, the asset risk, and the long-term return expectation.

The Nifty 50 closed the session with a decline of 0.21%, settling at 24,148 points; the Sensex closed 55.70 points, or 0.07%, lower at 79,486.

Market observers feel that the grey market sentiments remaining unenthusiastic to the Swiggy IPO can be attributed to the trend reversal in the Indian secondary market.

Gold prices dropped to $2,695 per ounce, compared to $2,707 yesterday, where in Kerala, jewellery prices rose by Rs 680 to Rs 58,280.

Brokerages have advised investors to subscribe to the issue with a long-term investment perspective.

Gold rebounds after Trump’s victory as the dollar rally ends and the US Fed cuts interest rates, allowing the dollar to weaken and gold to rise.