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Rising bond yield and recovery in economies seem to be affecting gold and silver demand, said Anuj Gupta, Deputy Vice- President, Commodity and Currency Research at Angel Broking.
According to various media reports, of the 5.12 crore accounts more than one crore, demat accounts were opened in the first 10 months of FY2021.
In an interview with Money9, he shared his views on the current euphoria on D-Street and how investors must construct their portfolios in record-high markets
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Do not write off bull trend as yet as this could only be a minor correction: Experts
Momentum continues to remain strong on the day time frame and from the lower time frame charts it seems that today’s decline is just a one day correction within an ongoing rally: Experts
Fresh tensions in the middle east and expectation of increase in demand of crude oil are also currently providing support to the crude oil prices.
Fuel prices touch fresh record highs. In many cities petrol prices have touched the record Rs 100 mark
Market experts believe the Nifty is in a convincing buy mode and the rally can be extended further. For traders, they advise avoiding short selling in a vibrant bull market.
Reiterating on the relative strength of India with other nations with respect to handling of the Covid crisis, Ashishkumar Chauhan has said it has been proved over the last one year alone that India is not as poor as it is made out to be and they are not as rich as we make them out to be