Domestic Gold prices jumped nearly Rs 2,000 per 10 grams intraday on Monday, crossing the Rs 1.2 lakh mark while hovering near the $4,000 per troy ounce mark in the international markets, continuing their winning run.Read More
Passive funds are increasingly popular among Indian retail investors, with 68% investing in index funds or ETFs. AUM has grown sixfold in six years to ₹12.2 lakh crore, driven by low costs, diversification, and rising awareness.Read More
LG Electronics Inc.’s initial public offering of its India arm has attracted the sovereign wealth funds of Abu Dhabi, Norway and Singapore, according to people familiar with the matter.Read More
Indian equity benchmarks Sensex and Nifty closed higher on Monday, driven by banking and financial heavyweights after lenders posted strong quarterly loan growth, while IT stocks gained ground ahead of the upcoming earnings releases.Read More
Rajesh Bhosale of Angel One anticipates the Nifty 50 will consolidate around 25,000 before resuming its upward momentum towards 25,400, advising investors to buy on dips. He notes strong performance in Bank Nifty and Fin Nifty, signaling broader market strength. Bhosale recommends TCS and BSE as high-conviction stock picks, citing their technical strength and attractive risk-reward.Read More
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