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Gold prices hit a record Rs 88,488/10 gm on MCX and surpassed $3,000 per ounce internationally, driven by a weaker dollar, geopolitical tensions, and economic uncertainty. Gold’s market cap crossed $20 trillion. Experts suggest an optimal portfolio allocation of up to 20% in gold for risk-adjusted returns. Investors reassess allocations amid the rally.
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Sensex surged 900 points, and Nifty traded above 22,750 on Tuesday, driven by gains in financials and metals. Global cues, domestic tailwinds, and technical resilience fueled optimism. Investors await key policy decisions from the U.S. Fed, BOJ, and BOE. BSE-listed firms’ market cap jumped Rs 4.03 lakh crore to Rs 397.20 lakh crore.
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The trend is still bullish and we saw in the financial year, since the first of Jan 2025, we saw the gold and silver only the asset class which are performing as compared to other asset classes. So, we are expecting that the trend remains same and expecting a positive trend may be come in this financial year.
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Religare Enterprises shares: In a stock exchange filing, the company stated that the review will cover Religare Enterprises Ltd (REL) and its subsidiaries—Religare Finvest and Religare Housing Development Finance Corporation.
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