 |
|
|
|||||
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
Gold and silver hit fresh lifetime highs on the MCX on Tuesday amid strong safe-haven demand and ongoing geopolitical tensions. Gold February futures traded above Rs 1.58 lakh after breaching $5,100 globally, while silver March futures rallied nearly 6%. International prices also stayed firm, supported by a softer dollar and robust investor demand. Analysts see continued volatility, with bullion expected to remain firm and buying on dips advised.
Category:
News and Media
Axis Bank shares saw a significant jump on Tuesday. The bank reported a 3% year-on-year rise in its standalone net profit for the December quarter. Net interest income also showed growth. Brokerages like Citi and Bernstein have reacted positively to the results, maintaining their ratings and target prices. The bank's asset quality remains stable, with strong provision coverage ratios.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||