Let's Learn : Gold Central Bank history

Today’s Daily Byte

what a day it was! Nifty surged by more than 500 points. We've been discussing this in the last few sessions—that the market is oversold and hasn't seen a bounce for almost eight weeks now. The fact that yesterday's shock from the Adani news acted as a stress test for the market, but the markets didn't fall much, made it clear that there wasn’t much room on the downside. And today, with a nice 500+ point move, it has definitely soothed a lot of nerves.

Of course, we still need to navigate the outcome of the Maharashtra elections, which will be announced tomorrow and Monday. The markets may react to that. But for now, let's dive into today's topic, which is IPO investing: Is it a gold mine or a dangerous gamble? Hopefully, this will open the eyes of some investors who consider IPOs to be a gold mine.

Reading Time : 4 Minutes

Gold Central Bank history

Over the past three decades, central banks have been driving a huge demand for gold worldwide. This trend is important for all gold investors to understand. Many people recall periods when gold didn’t perform well and think the same may happen again.

However, it’s essential to consider the bigger picture when evaluating gold’s performance over time.. . . . .

Reading Time : 4 Minutes

Should you get out of the sector based on % drop?

As of the end of October, all sectors have seen a drop from their peak 52-week highs. Each sector has experienced some level of decline, showing how the market has shifted over the past year.

The largest drop has been in the defense sector, which fell by 25%, followed closely by PSU banks at 21%. Other sectors, like central public sector enterprises and real estate, saw a 14% decline, while energy fell by 12%.. . . . .

Reading Time : 3 Minutes