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Silver’s glittering run this year has left investors excited, but experts say the shine on silver exchange-traded funds (ETFs) may not match the metal’s rally in the near term.
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Jefferies has initiated coverage on AU Small Finance Bank with a Buy rating and a target price of Rs 910, implying a 19% upside. The brokerage highlighted AU’s transition to a universal bank by mid-2026, which is expected to lower funding costs, boost fee income, ease regulatory requirements, strengthen the brand, and improve talent retention.
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Veteran investor Sandip Sabharwal advises caution on precious metals, suggesting a pause in allocation due to bubble territory valuations. He remains bullish on the auto sector’s secular growth and sees a strong second half for hospitality, while highlighting the defense sector’s self-reliance drive and the challenges in evaluating food delivery services like Swiggy.
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Vodafone Idea shares saw a dip on Monday after the Supreme Court deferred its AGR plea hearing to October 27. The delay prolongs uncertainty over the telecom giant’s Rs 5,606 crore liability, even as the government hints at a possible one-time settlement to ease financial strain.
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