We, too, have witnessed a reasonable slowdown in certain pockets of the economy. Still, at an overall level, India will continue to see 11-12% nominal GDP growth, and one can expect similar returns over the next 6-9 months.
Muthoot Finance, Manappuram, other gold financier stocks jump up to 4% as gold prices rise above Rs 1.58 lakh/10 grams
Shares of gold loan companies Muthoot Finance, Manappuram Finance and IIFL Finance rose as much as 4% as gold prices surged following the US Treasury’s