Anshul Saigal of Saigal Capital suggests a cautious, small investment in Vodafone Idea, considering the telecom sector’s potential price hikes. He also advises tempering expectations for AMC stocks, which have surged this year. Saigal views IPO investments skeptically, highlighting that better entry points often emerge post-listing, and calls recent event-driven market spikes opportunities to sell, not buy.
Gold demand in India seen falling as prices surge, investment buying rises
India’s gold consumption is projected to drop to 650–700 tonnes this year as a sharp price rally hurts jewellery demand. Investment buying remains strong, with