Over the last five trading sessions ending on October 17, the Nifty gained 1.7%, rising by 425 points to close at 25,710. The benchmark index ended in positive territory on three of the five days. Notably, during this rally, nine stocks from the Nifty500 index recorded gains in each of the five sessions. (Data Source: ACE Equity)
Indian fixed income saw modest gains. Low inflation and strong growth supported returns. Steady foreign investment and RBI policy provided a boost. Government bond yields experienced volatility. The RBI paused its repo rate at 5.50%, awaiting global trade clarity. This pause signals potential future easing. Foreign investors remained net buyers of Indian debt.
Brokerages Centrum Broking has come out with a list of 10 stock to buy this Diwali. The scrips come for varied sectors like manufacturing, banking, and automobile sectors, offering up to 31% over Samvat 2082. Here's what it recommends and why-
India's capital goods sector is experiencing a strong recovery, fueled by rising demand and stable pricing post-regulatory changes. The genset segment, a key indicator, saw significant volume growth driven by data centers, manufacturing, and infrastructure. Companies like Cummins India and Kirloskar Oil Engines are poised for sustained expansion through new products and robust aftermarket services.
gold silver prices today October 18: Gold and silver prices in India experienced a modest decline on Dhanteras, providing relief to buyers. While 24-karat gold is priced at Rs 13,086 per gram, silver stands at Rs 172 per gram. Despite retail price drops, silver futures on MCX saw gains, with gold futures also closing higher.
Dhanteras saw a surge in gold and silver ETF investments, with gold ETFs returning up to 64% and silver ETFs up to 72% since last year. Experts suggest continued upside potential for both, advising staggered investments to capitalize on any short-term corrections and maintain portfolio diversification.
Dhanteras 2025 arrives on October 18, presenting auspicious timings for gold purchases. Investors can choose from traditional jewelry to digital gold and ETFs. Gold prices have seen a significant rise and are projected to continue their upward trend. Analysts anticipate further growth, making this Dhanteras a key period for gold investment.
Mental strength is key to wealth creation, according to Sandeep Agarwal. He explains how inner energies and planetary influences, like Saturn's discipline, Venus's gratitude, and Jupiter's vision, shape financial success. Agarwal suggests aligning karma with mind patterns for wealth. He also advises managing market noise and emotional reactions for consistent wealth building. Timing and energy are crucial for financial outcomes.
Gold prices have surged by an astonishing 63% in India over the past year, reaching near record highs of Rs 1,28,200 per 10 grams on Dhanteras 2025. Analysts anticipate further gains, with a Rs 1.5 lakh target per 10 grams in sight, driven by geopolitical tensions, central bank buying, and expected US interest rate cuts.
