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The slowdown in the market was expected due to the lowering of thresholds at which buyers need to start paying stamp duty at.
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Gold, though seen as a safe-haven, carries notable risk with high volatility and drawdowns. Over 15 years, equities outperformed gold, but gold's negative correlation with equities supports diversification. Experts suggest a balanced portfolio with 1020% gold allocation to manage risk and enhance long-term returns.
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Shares of Hindustan Aeronautics (HAL), Garden Reach Shipbuilders & Engineers (GRSE), Data Patterns, Cochin Shipyard, and others saw declines of up to 5.2% during the session. GRSE led the losses with a drop of 5.2%, followed by Data Patterns (-4.5%) and HAL (-3.1%).
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News and Media
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