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(fxcue news) - Indian shares fluctuated before ending marginally lower on Friday, after having surged to new record highs in the previous session. Investors reacted to mixed industrial output and retail inflation readings and awaited a Federal Reserve interest-rate cut next week. The FOMC meeting on September 17-18 is crucial for financial markets, with expectations leaning toward a 25-bps rate cut followed by a series of interest rate cuts before the end of the year. CME Group's FedWatch Tool currently suggests rates will be lower by at least a full percentage point following the Fed's December meeting. The benchmark S&P/BSE Sensex slid 71.77 points, or 0.09 percent, to 82,890.94 while the broader NSE Nifty index settled at 25,356.50, down 32.40 points, or 0.13 percent, from its previous close. Coal India, ITC, HDFC Life, Adani Ports and SBI Life fell 1-2 percent in the Nifty pack while Wipro surged 3.8 percent as investors await progress on its turnaround journey. In an internal email, the country's third-largest technology services firm reportedly directed employees to attend office at least thrice a week or risk losing the day's leave. IndusInd Bank, Grasim, Bajaj Finance and Bajaj FinServ climbed 1-2 percent. Gravita India shares soared more than 9 percent on high volumes after the lead products manufacturer announced it is acquiring a recycling plant in Romania.

Sensex

Sensex

Sensex

Australian Market Modestly Higher

Swiss Market Ends On Firm Note

European Shares Seen Up Ahead Of Central Bank Meetings

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Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

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Sensex

Sensex

Sensex

Australian Market Modestly Higher

Swiss Market Ends On Firm Note

European Shares Seen Up Ahead Of Central Bank Meetings

Sensex

European Economic News Preview: Eurozone Foreign Trade Data Due

Please sign in

Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

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