In the quarter ending September 2024, retail investors increased their holdings in 40 out of 59 PSU stocks compared to the previous quarter. Since early September, the Sensex has gained around 2.8%, while the BSE PSU index has declined by 2.35%, with most PSU stocks facing a correction.
Gold prices reached a new high of Rs 80,650 per 10 grams in the national capital. Silver also rose significantly by Rs 5,000 per kg,
Balu Forge Industries reported a 107% YoY rise in consolidated net profit for Q2FY25 to Rs 48 crore, driven by a 60% increase in revenue
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