Indian stock indices closed higher for the third consecutive session, fueled by easing retail inflation and hopes for rate cuts. Viral Chheda of SSJ Finance and Securities suggests buying Jio Financial, SBI Card, and Canara Bank. He anticipates significant upside potential for these stocks over the next 10-12 months, providing specific entry points, stop losses, and target prices.
As safe-haven gold surges again, loan demand to also shoot up
Gold loan companies expect a significant increase in demand. Record gold prices, fueled by geopolitical tensions, are driving this trend. MSMEs and individuals are likely