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Gold prices on MCX fell Rs 1,500 this week after touching a record high, while silver remained firm. Softer U.S. CPI data boosted rate-cut hopes, supporting bullion. Analysts expect continued volatility amid tariff uncertainty, geopolitical events, and key U.S. economic releases, with gold and silver seen trading within defined weekly ranges.
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News and Media
Dipan Mehta of Elixir Equities expresses disappointment in the banking sector's recent performance, citing increased competition hindering growth. Excluding PSU banks, many NBFCs and private banks have underperformed. Mehta suggests investors look beyond banking for market outperformance, highlighting potential in capital goods, power equipment, and select two-wheeler companies. While pockets of growth exist, consistent exceptional performance across industries remains challenging.
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News and Media
NMDC shares experienced a rise of 2.5% following the announcement of robust first-quarter results for fiscal year 2026. Revenue saw a significant increase, driven by higher iron ore production and sales. While profit dipped slightly, operational performance was strong. The company holds substantial investments in various subsidiaries and joint ventures, both domestically and internationally.
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News and Media
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