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Four mutual fund NFOs will open for subscription this week. These funds are index funds offered by Motilal Oswal Mutual Fund. (Source: ACE MF)
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News and Media
Gold prices recently surged to a new lifetime high, driven by uncertainty surrounding US presidential elections and declining job numbers, despite reports of weak demand from China. The metal has been on a bullish trend, supported by escalating geopolitical tensions, US Federal Reserve rate cuts, a weak global growth outlook, and strong demand from central banks. In India, gold prices have doubled over the past five years, with a notable increase of over 24 percent this year.
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News and Media
Since last Diwali, the benchmark Sensex index has surged by around 22%. Amid this impressive rally, several penny stocks have transformed into multibaggers. ETMarkets identified 10 penny stocks that have gained between 100% and 300% during this period. The selection focused on stocks with a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a last trading volume of over 5 lakh shares. (Data Source: ACE Equity)
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News and Media
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