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Akshaya Tritiya 2026 falls on April 19, with the auspicious gold-buying muhurat beginning at 10:49 am. The day symbolises prosperity and new beginnings, making gold purchases significant. Analysts expect a positive outlook for bullion in 2026, supported by central bank buying, global uncertainties and favourable macro conditions.
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ANMI President Kamlesh Shroff said recent market volatility is unsettling for new investors, who may exit after experiencing sharp swings for the first time, while seasoned investors tend to navigate and even benefit from such phases.
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Indian stock markets, Sensex and Nifty, saw their early gains evaporate on Thursday. Profit booking led to a decline in both benchmark indices. The Sensex dropped over 200 points, while the Nifty fell below the 24,200 mark. Several major stocks experienced a dip, impacting the overall market sentiment.
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Indian markets are rallying after a sell-off. Vikas Khemani of Carnelian Asset Management believes India’s investment case remains strong. He sees short-term earnings disruptions as opportunities. Khemani has increased exposure to banking, financial services, and aviation. He also believes the narrative around Indian IT is exaggerated, with AI presenting new opportunities.
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Silver prices saw a significant jump of 0.82 percent, reaching Rs 2,53,800 per kilogram in futures trade today. This rise is linked to renewed uncertainty surrounding United States trade policy. Market participants are building fresh positions, contributing to the upward trend. Overseas, Comex silver futures also experienced a notable increase.
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