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Passive funds logged a strong 67% monthly rise in inflows to Rs 19,056 crore in September, driven by record investments in gold ETFs. Total AUM grew 3.9% to Rs 12.99 lakh crore, marking the 59th consecutive month of net inflows.
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Amid a flat BSE Smallcap index, 38 smallcap stocks surged with double-digit weekly gains. Jindal Photo led with 41% rise, followed by Indo Thai Securities, Indraprastha Medical, GM Breweries, and others.
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Robert Kiyosaki reaffirmed his bullish outlook on silver and Ethereum, predicting silver could reach $75 per ounce. Silver recently crossed $50, hitting an 11-year high, driven by industrial demand, inflation hedge appeal, and weak rupee support.
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