Gold is an insurance to your portfolio

Today’s Daily Byte

It’s a very dull day today, with Nifty not moving significantly in either direction. The market seems to be in a holding pattern, waiting for some fresh cues. We’ve now seen four days of consolidation, and the market is awaiting new signals to make a move. It’s neither going up nor down, but I believe the current trend is in an intermediate uptrend, and I expect this trend to continue in the coming days.

In today’s discussion, we’ll focus on a significant warning being issued by SEBI. We’ll delve into that in the second half of the video, so please stay tuned for more details.

Reading Time : 4 Minutes

Gold is an insurance to your portfolio

Gold has long been considered a safe-haven asset, especially in times of market uncertainty or economic distress. In India, gold often performs well when the rupee depreciates against the US dollar, but its significance goes far beyond currency fluctuations. Historical data demonstrates that gold consistently proves its value when the broader market faces trouble. . . . .

Reading Time : 3 Minutes

India manufacturing has a long way to go

A recent report from Statista highlights America’s main import partners, revealing an interesting pattern. Mexico and Canada, being its immediate neighbors, dominate the list. China is also a major player, followed by Germany, Japan, South Korea, Vietnam, and Taiwan. Notably absent from the list is India, which is grouped under the “rest of the world” category.. . . . .

Reading Time : 3 Minutes