NIFTY1! If the U.S. imposes tariffs of up to 100%, the dollar may strengthen as investors shift money from gold to U.S. assets. Some believe gold’s value could fall as space mining becomes a possibility in the next decade. However, BRICS nations remain strong, focusing on their own currencies to reduce reliance on the dollar. While India is not tied to a gold standard, its central bank holds significant gold reserves as part of its foreign exchange strategy, keeping gold relevant in its financial system.
Key Trading Insights: • Gold remains a hedge despite speculative ideas about space mining. • Dollar strength from tariffs may be short-lived if trade tensions rise. • BRICS’ currency independence and India’s gold reserves support long-term economic resilience.
NIFTY1!NIFTY_TOTAL_MKT has shown strong momentum over the last three days. Watching for it to close above the previous close for a potential bullish confirmation.
NIFTY1! Can we work toward reducing brokerage, STT, and pledge charges in the upcoming budget? For context, trading fees in the U.S. are as low as 0.1%, if I’m not mistaken. Additionally, mutual funds seem to acquire stocks at significantly lower transaction costs, and options trading also benefits from reduced fees. It would be great if similar cost efficiencies could be extended to retail traders. Is there anything the government, SEBI, or other regulators can implement to ease these burdens? Retail investors continue to bear the brunt of these high transaction costs.