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On Friday, MCX silver futures for March 5, 2026 rose 3.62%, up Rs 8,564 to Rs 2,44,999 per kg. Gold futures for April also edged higher by Rs 305, or 0.2%, to Rs 1,56,200 per 10 grams.
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As much as Rs 5.7 lakh crore evaporated from the sector in just eight trading sessions and the Nifty IT index crashed 19% in the short span. The selloff wasnt restricted to the two, IT bellwether plunged to its over 5-year low on Friday. Coforge, LTIMindtree, HCL Tech, and Mphasis also slipped up to 4%.
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Wealth managers say firsttime mutual fund investors, and those shifting money from fixed income products , should construct their portfolios gradually rather than committing large sums at once. A paced approach, they say, helps investors align choices with goals, time horizons and risk appetite, as reported by ETBureau.
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