Rites among 5 stocks showing bullish RSI upswing

Five stocks in the Nifty500 segment that gained over 5% featured in the RSI Trending Up scan on July 1 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.

Gold extends gains on weak jobs data, lower oil prices

Gold prices climbed on Thursday, reaching a one-week high, buoyed by weaker-than-expected U.S. jobs data and a dip in oil prices. Investors are now keenly awaiting crucial nonfarm payroll figures later today for further direction on the Federal Reserve’s monetary policy. This economic outlook is shaping near-term movements in the precious metals market.