Silver prices saw a significant one-day drop, falling by ₹30,000 per kg. Gold also declined. Investors booked profits amid market volatility. Analysts expect gold prices to remain weak internationally, while silver is predicted to consolidate. Demand for silver from technology sectors continues to outpace supply, making it volatile. Investors are advised to focus on fundamentals rather than timing the market.
India valuations hit 6-year low, but stocks still expensive than EM peers
India’s equity valuations have reached their lowest levels in six years after a recent market decline. Factors contributing to this decline include foreign selling, a