Falling for the third day in a row, gold prices retreated by Rs 150 to Rs 88,750 per 10 grams in the national capital on Monday amid a weak trend in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled lower at Rs 88,900 per 10 grams on Friday.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is