Gold’s nemesis dollar, triggers Rs 2,800 fall from peak. Is there a silver lining?
While the dollar index which may head to the 106 level will prevent any steep upside in the gold prices, a festival-led buying could support the prices, he opined. The dollar index will be taking cues from the Federal Reserve’s policy outcomes on September 20, he added.
How should one approach the mid and smallcap holdings now? Deven Choksey answers
“We like some of the midcap companies in hospitality business, event management business, where the growth programme is relatively more conducive and also some of the automobile ancillary component companies which are relatively looking more stable.”
Top investment ideas! ICICI Bank, Zomato among 8 largecap stocks that can rally up to 20%
Nine of top-10 most valued firms together add Rs 1.80 lakh crore in mcap; TCS biggest winner
Hindustan Unilever Limited was the only laggard from the top-10 pack. The list of winners had Reliance Industries Limited, TCS, HDFC Bank, ICICI Bank, Infosys, ITC, State Bank of India, Bharti Airtel and Bajaj Finance.