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Gold prices rallied by Rs 1,100 to hit a fresh peak of Rs 92,150 per 10 grams in the national capital on Friday amid rise in precious metal rates in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had finished at Rs 91,050 per 10 grams on Thursday.
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Sebi has mandated exchanges to monitor at least four intraday position limits for index derivatives starting April 1, 2025. While breaches wont incur penalties yet, exchanges must alert trading members. BSE and NSE will create an SOP for implementation.
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The Sensex fell 192 points to 77,415 on Friday, yet six BSE 500 stocks reached their 52-week highs. A stock's 52-week high signals strong momentum and potential growth, making it a crucial indicator for investors and traders.
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