He recommends using any correction in gold prices in the short term as an opportunity to buy, and following a staggered approach to accumulate gold over the next few months.
Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyback.
HDFC Life Insurance share price declined 4% after announcing plans to raise Rs 1,000 crore from HDFC Bank via preferential issue, alongside March quarter earnings
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