Among sectors, gains were seen in Nifty Auto, Nifty Metals, Nifty Realty, Nifty Oil & Gas and Nifty Pharma indices, while Nifty FMCG, Nifty IT and Nifty PSU Banks were under selling pressure.
Maharashtra has appointed IAS officer Tukaram Mundhe as secretary of a panel probing alleged MPSC irregularities. The committee will submit its report in 60 days as aspirants end their protest.
Mumbai, Delhi, Chennai, Kolkata, Bengaluru, and Hyderabad reported varying 24K and 22K gold prices on October 12. The national price stood at Rs 1,51,720 per 10 gm for 24K gold, while silver was priced at Rs 2,26,140 per kg.
You may consider gold investment if it isn’t already a part of your portfolio since it acts as a diversification tool and typically protects during uncertain economic conditions.
Nirmal Bang remains bullish as the company continues to demonstrate above-industry growth and as it sees Canara HSBC as less exposed than peers
to the proposed distribution and commission regulations.
