Topic
outlook
Business Dalal Street Outlook: Inflation, Fed Verdict, Crude Oil, and US-Iran Deal Hopes to Steer Indian Markets
Indian equity markets face a week shaped by domestic inflation data, the US Federal Reserve's interest rate decision, crude oil price movements, and progress on the proposed US-Iran agreement. Foreign portfolio investor outflows remain a pressure point, while a strong previous week saw the Sensex gain 1,284.61 points.
Commodities Gold, Silver Prices Face Bearish Pressure on MCX; Resistance Levels in Focus
MCX gold and silver prices are trading with a bearish bias on June 11, 2026, according to Abhilash Koikkara of Nuvama Professional Clients Group. Gold has a downside target of 140,000 with resistance at 152,000, while silver targets 225,000 with resistance at 240,000. Traders are advised to adopt a sell-on-rise approach amid weak market sentiment.
Commodities Gold Falls to 11-Week Low Then Recovers as Iran-Israel Strikes Rock Markets
Gold prices tumbled to their lowest since March 23 on escalating Middle East tensions and a stronger US jobs report, before rebounding as Iran and Israel ended airstrikes. The yellow metal remains under pressure from elevated crude oil and rising rate hike expectations, though central bank buying and CFTC positioning offer support.