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Is the Nifty-Gold ratio signalling a major rebound in Indian equities? What historical trends show

As reported by mint - markets
The Nifty 50–gold ratio has narrowed to 1.56, indicating an oversold Indian stock market. This ratio serves as a value meter, guiding investors on equity and gold allocation. Historical trends show that low ratios often lead to strong equity returns, despite current market volatility.
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