GIFT Nifty, Fed meet, Gold prices; all you need to know about markets today

Q: How long will it take to read this news story?

The story "GIFT Nifty, Fed meet, Gold prices; all you need to know about markets today" has 1233 words across 61 sentences, which will take approximately 6 - 11 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "GIFT Nifty, Fed meet, Gold prices; all you need to know about markets today" was covered 8 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 270 news stories per day. It's most recent story was published 4 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21879849</li><li>URL: https://beamstart.com/news/gift-nifty-fed-meet-gold-17224786521579</li></ul>

Business Standard Logo Business Standard 8h ago

GIFT Nifty, Fed meet, Gold prices; all you need to know about markets today - Business Standard

Quick Summary:

Key triggers for market on August 01: The US Fed hinted at a likely rate cut in September citing progress in inflation; Bond yields dipped to near 4 per cent, Gold surged to a record high of $2,500.

In the last two sessions, the Sensex and the Nifty have climbed to record high levels, with the NSE benchmark now merely 50 points shy of the 25,000 milestone.

The Nifty is positioned above the 9-EMA, and the hourly charts presenting higher highs and higher lows suggest continuing the positive trend.