Quarterly earnings and global developments would be the major factors driving equity markets in the holiday-shortened week ahead, analysts said. Foreign fund movement will also play a crucial role in deciding the trend, they added. “This week market will deal with the last batch of Q1 earnings where it will react to SBI, HPCL and …
By Jigar Trivedi MCX Gold October futures, having appreciated for four consecutive weeks, ended the previous week with a more than 2% drop. MCX Silver also declined by nearly 6% after Chinese economic data raised questions for the recovery in the region. Comex gold dropped to $1,749 an ounce, dropped by more than $50 or …