Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high.
Thomson Reuters Proprietary Research study pointed to a strong momentum for gold over the medium term, identifying strong global liquidity and low interest rates as support for a continued rally.
'It won't help being complacent about the momentum and valuations of equities that currently exist.'
India has always been a good bet in relative terms during crises/turbulent times in emerging markets (EMs).
'You should always maintain an allocation to gold as it has the ability to counterbalance any correction in the equity market.'
'Gold could benefit from the resulting risk aversion, as happened last year.'
The all-time high price of silver is Rs 75,000 a kg, recorded in April 2011.
From the Republic Day violence to Lakhimpur Kheri incident and terms such as 'toolkit' and andolanjeevi entering the Indian political lexicon, it was controversies galore during the year-long farmers' movement against the contentious agri laws.
The mid- and small-cap indices had a dream run between January 2017 and January 2018 - zooming 48 per cent and 56 per cent, respectively.
The surge in IT, auto and FMCG stocks were led by investors seeking safety against market volatility.
Bajaj Finance was the top laggard in the Sensex pack, slumping over 10 per cent, followed by M&M, Titan, Hero MotoCorp, ICICI Bank and Tech Mahindra. On the other hand, L&T, Bharti Airtel, IndusInd Bank, UltraTech Cements and NTPC were among the gainers.
The Bhartiya Kisan Union Lokshakti said the principle of natural justice is going to be violated as those appointed to the four-member committee 'have already supported these laws'.
The global high comes amidst the uncertainties of Brexit, a trade war and slowing growth, with traders increasing their silver bets.
Akshay Tritiya could be a good reason to invest. Purchase jewellery only for immediate consumption.
Total area sown till last Friday was 16.56 mn hectares, up 23%.
The bullish outlook for gold is seen as a trigger for silver to perform better going ahead.
The dollar's preliminary moves after the low 80.90 are supportive of a like dollar rally back to 85.50. We should see confirmation of that in the early part of next week, says Sonali Ranade
Agriculture activity, according to recent channel checks by Prabhudas Lilladher, is expected to continue at a strong pace in FY22.
A bench headed by Justice S K Kaul said it was not against the right to protest even when the legal challenge is pending but ultimately some solution has to be found.
The past year saw some spectacular rallies in silver with prices rising 80 per cent on perception of it being a store of value, continuing shrinkage of above-ground refined silver and demand staying ahead of supply.
A substantial fluctuation is likely because for a long period gold has moved in a narrow range of $ 50-60 and at higher levels short positions were built.
The Supreme Court Wednesday refused to entertain pleas seeking time-bound probe, including by an apex court-appointed commission, into the tractor rally violence in the national capital on the Republic Day saying the government is already inquiring the matter and the Prime Minister has stated that law will take its own course.
Crude oil prices have more than doubled, pushing up India's import bill and raising fears of a higher current account and fiscal deficit. This will impact corporate earnings.
Sources claimed that in the meeting, it was also discussed to close the Red fort from 20th January to 27th January and a clarification was sought from Delhi Police.
Traders brushed aside rumours that the US government's stress tests would require the banking sector to raise significant new capital. Instead, further gains for equity markets and better-than-expected US employment data set a positive tone.
Thirteen companies have joined the Rs 1-trillion-plus market capitalisation club this year, so far. This even as the benchmark Sensex has gained less than 3 per cent on a year-to-date basis, underscoring the bullish undercurrent in the broader market. The trend shows a harsh second wave of Covid-19, subsequent lockdowns, and hit to the economic activity has made little dent into India Inc or shareholders' wealth. At the start of the year, there were 29 companies with a market value of more than Rs 1 trillion.
'A perception has been built in our country that whatever Modi says you cannot challenge that.'
The oil crisis could not have come at a worse time for the Modi government as its tax collection has fallen short of its 2020-2021 target by Rs 5.2 lakh crore.
The Indian embassy condemned the "mischievous act" by hooligans masquerading as protesters.
Any shift in investor sentiment may result in speculators fleeing the gold market, driving its price down sharply, quickly. One significant risk for gold is a near-term reversal in the dollar, which recently fell to a two-year low.
Gold prices may trade higher in the coming days because of weaker dollar and speculations of US Fed rate cut.
'The recent US jobs report has eased fears of a hike in the Fed meeting.'
Several trains were cancelled, highways and key roads blocked and many thousands stranded for hours on Monday as a nationwide 10-hour shutdown against the Centre's three agri laws disrupted lives across parts of India, particularly in the north.
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
The West Bengal on Thursday became the sixth state to pass a resolution against the three contentious farm laws enacted by the Centre, even as the opposition Bharatiya Janata Party staged a walkout from the assembly amid 'Jai Shri Ram' slogans.
Forex dealers said strength in euro against the US dollar overseas and increased capital inflows supported the rupee.
"The question of entering into Delhi is a law and order matter and will be determined by the police," the bench said.
'Let us stand together in displaying our utter and complete lack of spine, in safeguarding our hundreds of crore rupees of income and in supporting this military-style mobilisation against the very masses who have practically treated us as gods and to whom we owe everything we enjoy.'
'Even if the government does not implement an all-India NRC before 2024, it will be part of the party's long-term project.'
Market cap of government companies has remained unchanged in the past 8 years.
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