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(fxcue news) - Indian shares ended Monday's session sharply higher after BJP-led alliance scored significant victory in the Maharashtra state assembly elections, raising expectations for increased government spending to boost domestic demand. Positive cues from global markets also boosted sentiment after Donald Trump nominated Scott Bessent, a billionaire hedge fund manager and an advocate for deficit reduction, to lead the U.S. Treasury Department. He has advocated, in a Bloomberg interview, for the U.S. to grow its way out of large debts and, in the Wall Street Journal for tax reform and deregulation, particularly to spur bank lending and energy production. The benchmark S&P/BSE Sensex ended the session up 992.74 points, or 1.25 percent, at 80,109.85 while the broader NSE Nifty index settled at 24,221.90, up 314.65 points, or 1.32 percent, from its previous close. Intraday, both Nifty and Sensex rose nearly 2 percent to reach their highest levels since November 7. Shriram Finance, BPCL, Larsen & Toubro, SBI, BEL and ONGC surged 4-5 percent to top the gainers list, while JSW Steel fell 2.3 percent after being replaced by Zomato in the coveted BSE 30.

Sensex

Taiwan Bourse May Extend Friday's Gains

European Shares Gain On Rate Cut Hopes

Major European Markets Turning In Mixed Performance As Investors React To Regional Data

Pound Rises As Traders Expect BoE Slow Policy-easing Path

Bay Street Likely To Open Lower On Weak Commodity Prices

Dollar's Dazzle Undiminished

Sensex

China Stock Market May Cut Into Friday's Losses

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Trader

Today, I made a profit from gold trading and was eliminated.

There are a lot of gold buying orders, all of which are profitable.

Selling and buying gold both generate profits

Today, there was a slight loss in foreign exchange trading...

This week's silver trading strategy can be carried out as follows: you can place a short order at the position of 31, set the stop loss level to 31.8, and first look towards 30.55 and 30.0.

Gold strategy: 2673-2682, sell near the dividing line, buy below 2660, steady at 2656 with buy, do not participate in buy if the level breaks 2650.

The spot gold price should focus on the vicinity of 2650. As long as it can stabilize above 2650, we can rely on the vicinity of 2650 to enter the market and buy.

Operation suggestion: Buy near 2690 gold with a loss of 2682, look at 2710 and 2720; If the decline is significant, then rely on 2670 support to buy!

Early trading strategy for the Asian gold market: Buy near the current gold price of 2700, with a target of 2728-2740-2756; If it is sold around the three o'clock mark of 2728, 2740, and 2756 for the first time; If given around three o'clock, 2706, 2700, 2692, you can buy in batches;

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Sensex

Taiwan Bourse May Extend Friday's Gains

European Shares Gain On Rate Cut Hopes

Major European Markets Turning In Mixed Performance As Investors React To Regional Data

Pound Rises As Traders Expect BoE Slow Policy-easing Path

Bay Street Likely To Open Lower On Weak Commodity Prices

Dollar's Dazzle Undiminished

Sensex

China Stock Market May Cut Into Friday's Losses

Please sign in

Trader

Today, I made a profit from gold trading and was eliminated.

There are a lot of gold buying orders, all of which are profitable.

Selling and buying gold both generate profits

Today, there was a slight loss in foreign exchange trading...

This week's silver trading strategy can be carried out as follows: you can place a short order at the position of 31, set the stop loss level to 31.8, and first look towards 30.55 and 30.0.

Gold strategy: 2673-2682, sell near the dividing line, buy below 2660, steady at 2656 with buy, do not participate in buy if the level breaks 2650.

The spot gold price should focus on the vicinity of 2650. As long as it can stabilize above 2650, we can rely on the vicinity of 2650 to enter the market and buy.

Operation suggestion: Buy near 2690 gold with a loss of 2682, look at 2710 and 2720; If the decline is significant, then rely on 2670 support to buy!

Early trading strategy for the Asian gold market: Buy near the current gold price of 2700, with a target of 2728-2740-2756; If it is sold around the three o'clock mark of 2728, 2740, and 2756 for the first time; If given around three o'clock, 2706, 2700, 2692, you can buy in batches;

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