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Markets posted modest weekly gains with 64% of BSE 500 stocks closing positive. Dilip Buildcon led gainers with 18%, while Godfrey Phillips India topped losers with 9%. Sectoral strength came from capital goods and IT, while consumer durables lagged.
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Nifty extended its eight-day winning streak, reflecting a cautious but positive market outlook. Rupak De of LKP Securities recommends top stock picks for the week, including Railtel, Cochin Shipyard, and Bajaj Finance, while highlighting ITs limited upside, defence opportunities, and expiry-day market adjustments.
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Gold prices have surged past $3,600 globally and 1,09,000 in India, driven by recession fears, U.S. policy uncertainty, geopolitical tensions, and shifting global power dynamics that reinforce golds role as the ultimate safe-haven asset.
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News and Media
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