Indian indices are currently valued highly compared to their historical averages, and many stocks across various sectors have low margins of safety at their current prices. Although currently undergoing a correction, the broader trend of the markets remains positive. To mark the beginning of a new ‘samvat’, domestic brokerage firm Wellworth Share & Stock Broking shares top 5 Diwali picks with up to 105% upside potential:
Gold demand in India seen falling as prices surge, investment buying rises
India’s gold consumption is projected to drop to 650–700 tonnes this year as a sharp price rally hurts jewellery demand. Investment buying remains strong, with