Gold and stocks are simultaneously rallying, a rare phenomenon attributed to a global flood of liquidity from pandemic-era stimulus. This excess money is fueling momentum trades across asset classes, with individual investors increasingly participating. While gold has recently seen a pullback due to profit-taking and easing tensions, equities continue their upward trajectory, driven by strong fundamentals and policy support.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO