Financials, technology, and consumer stocks led Wednesday’s gains even as softer US economic data – weaker-than-expected factory output and job openings – and the bankruptcy filing by Virgin Orbit halted the four-day winning streak on Wall Street.
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