Global tensions, particularly the Israel-Iran war and the ongoing Ukraine-Russia conflict, have fueled a surge in gold prices. Spot gold neared a record $3,451 per ounce, while domestic futures tested Rs 99,929 per ten grams. Investors are seeking safe-haven assets amid geopolitical uncertainty and concerns about inflation.
Seven mutual funds, including index, small cap, thematic, ETF, and FoF schemes, will open for subscription between June 2327, aiming to diversify offerings and attract varied investor interests.
Nifty50 closed the week with a gain. Wealthview Analytics' time-based analysis showed precision. Key resistance and support levels played crucial roles. Traders should watch June 24-26 for a potential reversal. Intraday time slots are provided for possible reversals. Crucial support and resistance levels for Nifty are identified. Tactical traders can expect opportunities this week. Risk management is essential.
Iranian Foreign Minister Seyyed Abbas Araqchi condemned Israel's attacks on Iranian territory at the UN Human Rights Council, labeling them as unprovoked aggression and war crimes. He highlighted the targeting of civilians, infrastructure, and even peaceful nuclear facilities, emphasizing Iran's right to defend itself under international law.
The automaker's decision follows U.S. President Donald Trump's imposition of a 25% tariff on imported vehicles and auto parts. A Toyota spokesperson, however, denied the tariff directly influenced the price increase.
Amidst escalating tensions following Israeli strikes, Ayatollah Ali Khamenei has taken unprecedented measures to safeguard the Islamic Republic. He has pre-selected replacements for military commanders and, remarkably, designated three senior clerics as potential successors, signaling the gravity of the situation.
