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Prepare For The Worst | Gold & Silver Investors Get Modi Govt Shock | No More GAS Subsidy
Original: ๐ดPrepare For The Worst | Gold & Silver Investors เฐเฐฟ Modi Govt Shock | GAS เฐชเฑ เฐเฐ Subsidy เฐเฐเฐกเฐฆเฑ
Takeaway
Government changes on gold/silver imports and Modi's caution on near-term economy signal investors to brace for volatility.
Summary
- PM Modi flagged economic challenges over next year - several senior figures echoed negative outlook on Indian markets.
- Government took a key decision on gold and silver imports - likely to affect gold/silver futures and related stocks.
- Sensex up 49 to 74,608; Nifty up 33 to 23,412; mid-cap +0.71%, small-cap +0.27%, Bank Nifty -0.18%.
- Also covers IT plus work-from-home related news and stock of the day.
gold-silvergovernment-policyeconomy
Original description
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