 |
|
|
|||||
Hindustan Zinc shares surged to a fresh 52-week high of Rs 731, driven by a sharp rally in silver prices which crossed $100 per troy ounce. The company, a leading global silver producer, saw its stock climb as analysts like HSBC upgraded it to 'Buy' with an increased target price, citing strong fundamentals and a positive outlook for metal prices.
Category:
News and Media
The Indian Rupee has recovered from its historic low against the US Dollar. This rebound comes as the dollar index weakened. Forex traders noted broad dollar weakness contributed to the Rupee's gain. Geopolitical uncertainties and capital outflows continue to pressure the Rupee. A pending trade agreement with the US remains a key stabilizing factor.
Category:
News and Media
Retail investors bruised by small-cap losses are increasingly considering selling equities to chase soaring gold and silver ETFs. With precious metals sharply outperforming stocks, the temptation is strong. However, wealth managers warn that reallocating based on recent returns reflects recency bias and risks undermining disciplined asset allocation by turning portfolio hedges into concentrated bets near a potential cycle peak.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||