Gold prices surged to a record Rs 1.19 lakh per 10 grams, with silver also hitting a lifetime high, driven by global political uncertainties and anticipated Fed rate cuts. Despite high prices, Indian consumers continue to purchase gold for tradition and festive occasions, with a growing preference for lightweight jewellery.
Power, Hotels & Chemicals: Dipan Mehta maps out the market’s next big opportunities
Dipan Mehta advises selective investing, favoring power infrastructure, export manufacturing, and specialty chemicals. While acknowledging the hospitality sector’s strong run, he cautions about potential headwinds.