Gold tends to bottom out and rally sharply during periods of successive interest rate cuts. Exchange-traded fund demand, absent for two years due to rising real yields, higher inflation, and increased carry costs, could witness a resurgence, providing an additional boost to gold prices
LIC IPO | The insurer has invested Rs 12,221 crore in ETFs in the first six months of this financial year, higher than the Rs 10,062 crore in all of 2020-21, DRHP shows
The open-ended ETF will track the Nifty auto index and will also more or less reflect the behaviour and performance of the automobile segment.
In today’s edition of Moneycontrol Pro Panorama: What value M&M Finance brings to the table, oil looking to bounce back, chart of the day, gold’s existential crisis, a year of reset for markets and more
Labour Minister Bandaru Dattatreya also said that the ministry is working on consolidating 44 labour codes into four in order to simplify them.
Tonight all eyes will be on cues from US market. Ben Bernanke will speak tonight and that is the event which all global market participants have been waiting for, says Udayan Mukherjee.
Sandeep Bhatia said the current flow of liquidity from the US will tend to slow down in the next two years although it will be in abundance in Europe and Japan; and India can enjoy some of the benevolence coming from Japan.