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Gold prices eased on MCX after hitting record highs, while silver remained firm amid geopolitical tensions. Analysts cite profit booking, strong safe-haven demand and expectations of US rate cuts, with experts advising buying on dips despite elevated volatility.
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News and Media
As of January 12, there was a notable surge in futures open interest for five stocks in the NSE F&O pack, contributing to a total increase in open interest of over 8% compared with the previous trade. A significant uptick in futures open interest signifies substantial growth in the number of active, unexpired futures contracts in a specific security. This uptrend reflects an increasing number of participants either initiating new positions or expanding the size of their existing positions in the futures market.
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News and Media
Anand Rathi Wealth shares are in focus after a strong December quarter. The company reported a 30% rise in net profit to Rs 100 crore and a 25% jump in revenue to Rs 306 crore. Assets Under Management grew 30% to Rs 99,008 crore. The firm added new clients and saw healthy inflows, demonstrating steady growth.
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News and Media
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