Negative investor sentiment due to a rapid rise in global interest rates, a strong US dollar, and higher bond yields eased the glitter of gold throughout this year. London spot gold prices fell for the seventh consecutive month in October, shedding more than 10 percent since January. However, prices now stabilized above $1700 an ounce, gaining more than 7 percent from its recent lows.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing