Gold April futures experienced profit booking on Monday after reaching a new high of Rs 88,310 per 10 grams last week. Manoj Kumar Jain of Prithvifinmart Commodity Research suggests volatility in bullion prices amid US trade war and FED policy meetings. Silver May futures also remained above Rs 1 lakh per kilogram, despite some profit-taking.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is