While the yellow metal may not be at top-of-the-table in terms of returns, its role in portfolio diversification remains critical, wealth advisors said. Gold is seen gaining in high single digits over the next few months.
Reliance Infrastructure seeks shareholders’ nod to raise Rs 3,000 crore via QIP
Reliance Infrastructure approved raising Rs 3,014 crore through a preferential issue to promoter group companies and other investors. The company also seeks shareholder approval for