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    Market outlook: Gold surge may hint at equity rebound; data show rallies follow troughs

    3 weeks ago

    A sustained surge in gold prices could signal a bullish period for the Indian stock market, according to JM Financial. Historical trends reveal that a dip in the Nifty/gold ratio, often following gold's ascent, has historically preceded significant equity gains within a year. This pattern, observed over three decades, suggests a positive outlook for domestic risk assets.
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