Markets▲ Positive
Major fund houses slam brakes on gold ETF inflows ahead of festive season buying
Indian markets moved higher.
· Business Today Mkts
As the world's second-largest gold consumer after China, India relies heavily on imports, which typically surge during the festive period around Dhanteras and Diwali. However, recent trade data highlights a distinct cooling off in physical arrivals.
Market context
- Sector exposure: Consumer & Retail, Consumer Durables.
- The immediate tone of coverage reads positive.
In this story
Consumer & RetailConsumer Durables
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