Gautam Shah of Goldilocks Premium Research suggests investors consider silver. He advises shifting focus from gold, anticipating a 20-25% increase in silver’s value. Shah sees a major upward trend for silver. He sets a medium-term target of $43 and a longer-term target of $50. He favors PSU banks and NBFCs over private banks.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise