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The benchmark indices moved from strength to strength, thanks to healthy buying across sectors, especially the banking pack. However, the momentum paused later on in the week as the US Fed meeting minutes suggested tightening of monetary policy and a faster than expected rate hike.

Monday is likely to see a stable start to the day; the levels of 17,865 and 17,930 are expected to act as resistance points. The supports come in at 17,730 and 17,650 levels. The markets are likely to stay in a broad but defined range.

Investment in sovereign gold bonds has picked up pace in recent months. However, lack of clarity on how gold will move in the coming month may keep investors cautious.

The latest inflow came after witnessing a net outflow of Rs 38,521 crore during October-December 2021. Before that, foreign portfolio investors (FPIs) had made a net investment of Rs 13,154 crore in September last year.

“Tata Steel is the lowest cost producer of most categories of steel, the kind of effort and initiative they have taken for reducing debt from their balance sheet is commendable.”

TCS, Infosys, Wipro, HCL Tech, HDFC Bank - all Nifty50 constituents - will report their quarterly results on Wednesday. Besides these, Delta Corp, Mindtree and Tinplate are among other names that will report their numbers.

Crypto exploded after March 2020, when the Federal Reserve and Congress unleashed trillions of dollars’ worth of stimulus to blunt the pandemic’s economic blow. A bunch of that cash made its way to digital assets, turbocharging prices.

The 248-room and suites property at Columbus Circle, is one of the city’s uber luxury lodging establishments towering over Central Park in mid-town Manhattan, frequented by Hollywood celebrities and hedge fund billionaires.

“Whenever China’s policy creates a big bull market in metals, one should sell. If they cause a big bear market in metals, buy.”

In regulatory filings on Friday, Oberoi Realty has shared a summary of bookings made by the company for the third quarter of this financial year (on a consolidated basis).