Silver prices saw a significant one-day drop, falling by ₹30,000 per kg. Gold also declined. Investors booked profits amid market volatility. Analysts expect gold prices to remain weak internationally, while silver is predicted to consolidate. Demand for silver from technology sectors continues to outpace supply, making it volatile. Investors are advised to focus on fundamentals rather than timing the market.
Market rout: 7 of top-10 valued firms see Rs 1.25 lakh crore erosion
The stock continued to remain the most valued listed company in the country despite the decline.