Foreign institutional investors (FIIs) are returning to the Indian stock market after a period of selling. They’ve invested heavily in financials, particularly HDFC Bank, boosting its market cap. While some analysts are optimistic about this revival, others remain cautious due to high valuations and slowing growth.
Silver hits $60 per ounce for first time, gold rises ahead of Fed rate decision
Gold prices edged higher as traders anticipated the U.S. Federal Reserve’s interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per