Auto stocks rallied up to 6% on Monday ahead of the key GST council meeting. Despite weak August sales, gains in Bajaj Auto, M&M, Tata Motors, and Eicher Motors lifted the Nifty Auto index by 2.8%.
Private Banks, Energy and IT offer value in subdued market: Mark Matthews
Mark Matthews of Julius Baer highlights silver’s fundamental strength driven by industrial and defense demand, while gold’s support comes from Indian household wealth. He anticipates