From a technical perspective, momentum indicators still signal a negative trend as the Nifty remains  below its short- and medium-term moving averages.

Nvidia, which makes AI chips and graphic processors, became the most valuable company again, overtaking Apple for the third time this year

In addition to election uncertainty, the US Federal Reserve’s interest rate decision on Thursday will be another key factor influencing market sentiments

Technically, momentum indicators point to a bearish trend, and Nifty remains below its short- and  medium-term moving averages

Gold prices rose to $2,742 in the global market, while jewellery gold prices in Kerala remained steady at Rs 58,960

If FIIs continue to pull out from Indian markets, the anticipated pullback rally could instead turn into a market correction.

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

International gold price surge wanes this morning, indicating a price fall in Kerala

However, from a technical perspective, momentum indicators continue to reflect a negative trend, as Nifty remains below its short- and medium-term moving averages

The auto, IT, pharma, healthcare, and FMCG sectors struggled yesterday, while the banks, financial services, real estate, metals, consumer durables, and oil and gas sectors saw gains