GgoogleIN first seen 3 d ago, last 1 d ago, peak #1
Nifty faces eighth weekly loss as investors eye RBI policy
Original: moneycontrol
Indian equity markets are on track for an eighth straight week of losses, with the Nifty's slump putting attention on the Reserve Bank of India's upcoming policy decision, the start of the corporate earnings season and rising global bond yields. Meanwhile, gold prices rose in Delhi on a weak rupee and firm global trends, though the metal dropped more than 6% in September as traders awaited US payrolls data.
Why now: Indian investors are reacting to a rare eight-week losing streak in the Nifty and positioning ahead of the RBI policy meeting and earnings results.
NiftyReserve Bank of IndiaDelhiUS payrolls
Rank over time, top of the chart is #1. 23 snapshots from 3 d ago to 1 d ago.
Evidence
- Nifty outlook for October 5: 8-week losing streak puts focus on RBI policy, earnings and global yields · MSN
- Gold Silver Rate Today Live Updates: Gold steady, silver gains as markets await payrolls; gold down over 6% in September · The Times of India
- Gold Price Rises in Delhi on Weak Rupee, Global Trends · Rediff MoneyWiz
- Gold rises Rs 500 per 10 gram in Delhi on weak rupee, firm global trend · Deccan Herald
API: https://socialmediatrends-api.osmike.com/v1/trends/763984