Although the Nifty50 is closer to its all-time high, I don’t see a reason to be nervous. I think the global scenario now looks much better than what it was a year back with the interest rates near their peak, inflation showing some signs of moderating, and a hard landing of the economies may not happen.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders