Market experts are closely monitoring private banks for structural growth, expecting them to outpace the industry. Consumption plays are set to benefit from GST rationalization, while metals exhibit strong domestic volume growth and attractive valuations. The IT sector also presents appealing valuations, with earnings growth anticipated as macro factors remain constructive for overall economic acceleration.
Gold, silver slide as buyers wait for prices to stabilise
Gold and silver prices fell sharply on Monday, leading potential buyers to postpone purchases for upcoming festivals. Silver futures dropped significantly, while gold futures also