Gold Price Hits Historic High of Rs 91,000 Per 10 Grams Ahead of Wedding Season

Gold prices have surged to unprecedented levels in India, crossing the Rs 91,000 per 10 gram mark just as the wedding season approaches. This historic milestone has created a buzz in major gold markets across Maharashtra, with traders in Nashik and Jalgaon predicting that prices may climb even higher in the coming days.

Record-Breaking Gold Prices

The yellow metal reached a remarkable Rs 91,052 per 10 grams (including taxes) on Saturday, following Friday's even higher rate of Rs 91,600. This price surge represents a significant milestone in India's gold market history and comes at a crucial time when demand typically increases due to the wedding season.

Market experts attribute this price movement to several factors:

• International market fluctuations
• Recent U.S. actions affecting global trade
• Increased investor preference for gold as a safe-haven asset
• Seasonal wedding demand

Jalgaon: Maharashtra's Premier Gold Hub

Despite the soaring prices, Jalgaon continues to maintain its reputation as one of Maharashtra's premier destinations for gold purchases. The city has established itself as a trusted gold market that attracts buyers from:

• Various regions of Maharashtra
• Neighboring Gujarat
• Madhya Pradesh

The city's gold market is distinguished by two key factors that continue to draw customers even during price surges:

• Guaranteed purity of gold products
• Exceptional craftsmanship and design quality

A prominent jeweler based in Jalgaon, offered insights on current market trends: "The market rate for 10gm gold on Saturday was Rs 91,052, including tax. On Friday, it was 91,600. The market price is responding to international developments, including the US action on trade. Even today, many people consider gold the best investment option."

Consumer Behavior Amid Rising Prices

What makes the current market situation particularly interesting is consumer response to these elevated prices. Despite the significant increase in gold rates, demand remains relatively stable, especially for wedding-related purchases.

Man who was in the market shopping for his daughter's upcoming wedding, reflected the sentiment of many buyers: price increases minimally affect purchasing decisions for important occasions. There's a widespread belief among consumers that gold values will continue to appreciate, reinforcing its position as both a cultural necessity and a sound investment.

Competitive Market Benefits Consumers

An unexpected advantage for gold buyers in Jalgaon is the intense competition among local jewelers. This competitive environment works in favor of customers by ensuring:

• Higher quality products
• Better craftsmanship
• More competitive pricing despite the overall market trend
• Enhanced customer service

As the wedding season progresses, market observers will be watching closely to see if gold prices stabilize or continue their upward trajectory. For now, the historic Rs 91,000 mark stands as a significant milestone in India's ongoing relationship with the precious metal that has been central to its cultural and financial traditions for centuries.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Gold Hits Record ₹88,000, Silver Crosses ₹1 Lakh - 5 Key Factors Driving the Rally

Gold Surges to Record High of ₹88,000, Silver Crosses ₹1 Lakh Mark - 5 Key Factors Driving Precious Metals Rally

The precious metals market has witnessed an extraordinary rally with gold and silver prices soaring to unprecedented levels. On the domestic front, MCX gold has touched a new all-time high of ₹88,310 per 10 grams, while internationally, gold prices climbed to $3,004.90 per ounce. The white metal has not been left behind, with MCX silver crossing the psychological ₹1 lakh mark for the first time ever, reaching ₹1,01,999 per kg before settling at ₹1,00,761.

This remarkable bullish trend has resulted in gold prices rising approximately 14% year-to-date, driven by a combination of macroeconomic factors and geopolitical tensions. Market analysts believe this upward momentum could continue in the near term, though some profit-booking may occur at higher levels.

What's Fueling the Gold and Silver Rally?

Financial experts have identified five primary factors contributing to the current surge in precious metal prices:

1. Economic Uncertainty from US Tariff Policies

The ongoing uncertainty surrounding US trade policies and potential tariff changes has created significant anxiety in global markets. This instability has enhanced gold's traditional appeal as a safe-haven asset, with investors seeking protection from potential economic turbulence. The precious yellow metal typically performs well during periods of heightened uncertainty and volatility.

2. US Federal Reserve Rate Cut Expectations

Recent inflation data from the United States has reinforced expectations of potential interest rate cuts by the Federal Reserve as early as June 2025. Both Consumer Price Index (CPI) and Producer Price Index (PPI) readings came in lower than anticipated, with February Core CPI at 0.2%, below the market consensus of 0.3%. Similarly, the year-over-year CPI cooled to 2.8%, down from 3.0% a year ago.

Lower interest rates typically benefit non-yielding assets like gold, as they reduce the opportunity cost of holding such investments. This prospect has fueled investor interest in precious metals as a viable alternative to interest-bearing securities.

3. Weakness in the US Dollar

The US dollar index has experienced a significant decline, falling over 4% year-to-date. This weakness in the greenback has made gold more attractive to international investors, as the precious metal is priced in dollars. A weaker dollar makes gold less expensive for holders of other currencies, thereby increasing demand and driving prices higher.

4. Central Banks' Gold Buying Spree

Global central banks have been aggressively accumulating gold reserves, purchasing over 1,000 tonnes annually for the past three years. This persistent buying trend underscores gold's importance as a strategic reserve asset and has provided substantial support to prices.

The trend accelerated notably after Western nations imposed financial sanctions on Russia following its invasion of Ukraine in 2022, freezing its central bank reserves. This development prompted many countries to diversify their reserves away from traditional currencies and into gold as a hedge against geopolitical risks.

5. Investors' Shift from Equities to Gold

The prevailing uncertainty in global trade policies has increased risk aversion among investors, leading many to reallocate funds from equity markets to gold. The precious metal's historical performance during periods of economic turmoil makes it an attractive strategic asset for portfolio diversification.

This shift in investment preference has contributed significantly to the sustained demand for gold, pushing prices to record highs.

Gold Price Outlook: Key Levels to Watch

From a technical perspective, gold has already surpassed critical resistance levels of $2,930 per ounce internationally and ₹86,600 per 10 grams in the domestic market. Market experts project that gold could potentially reach $3,050 per ounce if prices manage to sustain above the $3,000 mark, and approximately ₹89,500 per 10 grams in the domestic market.

However, analysts caution that some profit-booking or market exhaustion is likely near these levels in the short term, which could trigger a temporary pullback before the next leg of the rally.

Factors to Monitor in the Coming Week

For the week ahead, market participants should closely monitor several key events that could influence gold and silver prices:

• Federal Reserve policy meeting and statements
• Bank of England and Bank of Japan policy decisions
• US retail sales data
• Movement in the US dollar index
• Developments in the ongoing tariff discussions
• Updates regarding the Russia-Ukraine ceasefire agreement

Any significant developments in these areas could potentially impact the precious metals market and determine the short-term direction of gold and silver prices.

For retail investors looking to add gold to their portfolios, the current market dynamics suggest continued strength in precious metals, although strategic entry points should be considered given the rapid price appreciation seen in recent weeks.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of

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IndusInd Bank Auditors Demand Forensic Audit of Derivatives Portfolio

IndusInd Bank Auditors Call for Forensic Investigation of Derivatives Portfolio

In a significant development that has sent ripples through India's banking sector, the joint auditors of IndusInd Bank have formally requested a forensic audit of the bank's derivatives portfolio. This comes after the discovery of serious discrepancies that could potentially impact the bank's net worth by 2.35% as of December 2024.

Auditors Push for Deeper Investigation

According to reliable sources within the bank, the joint auditors - MP Chitale & Co and MSKA & Associates - have written to the bank's board requesting a thorough forensic investigation of its derivatives operations. This development follows the bank's March 10 disclosure regarding certain irregularities in its derivatives portfolio.

In response to this request, the board has begun the process of selecting a top-tier firm to conduct the forensic audit. This comes at a critical time for the Hinduja Group-promoted private lender, which has already witnessed a staggering 50% market value erosion over the past six months.

Financial Impact and Market Response

The financial implications of these discrepancies are substantial. The bank has indicated that approximately ₹1,600 crore of the impact is likely to be reflected in its March quarter earnings. The market reaction was swift and severe, with the stock plummeting 27% on Tuesday following the disclosures - the largest single-day drop in the bank's history.

During an analyst call addressing these issues, IndusInd Bank's Managing Director and CEO Sumant Kathpalia confirmed that an external agency had been appointed to review the derivatives portfolio. The report from this review is expected by the end of the fourth quarter.

PwC's Ongoing Review

Sources indicate that PricewaterhouseCoopers (PwC) was appointed as the external agency to conduct an accounting review of the portfolio after the discovery of these issues. However, PwC's report has yet to be presented to the board.

According to management statements to investors, these discrepancies have persisted for the past five to seven years. "We began reviewing our internal trade book and noticed some discrepancies in our business, which were identified between September and October," Kathpalia explained to analysts following the disclosures to stock exchanges.

Leadership Changes Amid Crisis

In what appears to be related to these developments, the bank's Chief Financial Officer, Gobind Jain, resigned in January - just months after the discrepancies were first identified. While Jain cited plans to explore other opportunities, the timing has raised questions among market observers.

Following Jain's departure, Arun Khurana, the executive director in charge of global markets and transaction banking, was given additional responsibilities as CFO.

Audit History and Regulatory Oversight

Over recent years, multiple audit firms have reviewed IndusInd Bank's financial statements:

• Price Waterhouse (2015-16 to 2017-18)
• SR Batliboi & Co LLP (2018-19)
• Hari Bhakti & Co LLP (2019-20 to 2020-21)
• Hari Bhakti & MP Chitale (2021-22)
• MP Chitale and MSKA & Associates (2022-23 to present)

The Institute of Chartered Accountants of India (ICAI) is expected to review the bank's books after taking suo-motu cognizance of the accounting discrepancies. This adds another layer of scrutiny to the bank's financial practices.

Root Cause of Discrepancies

According to available information, the crisis stems from internal trades involving low-liquidity instruments, such as 3 to 6-year yen and 8 to 10-year dollar borrowings. Rather than directly hedging foreign currency borrowings and deposits with external counterparties, the bank utilized its internal desk for the hedging process.

While external trades were marked-to-market, the internal trades were valued using swap valuations. As a result, the two legs of the trade could fluctuate over the contract period but typically converge at maturity. This practice apparently prevented the bank from identifying the accounting errors for several years.

It was only after the Reserve Bank of India issued a new circular in September 2023 that the bank began a comprehensive review of its derivatives portfolio, which ultimately led to the identification of these discrepancies.

For retail investors holding IndusInd Bank shares, this development warrants close attention as the full financial impact and regulatory consequences continue to unfold.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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RBI Sets Sovereign Gold Bond Redemption Rate at ₹8,624 Per Unit for March 2025 Maturity

RBI Announces Sovereign Gold Bond Redemption Rate at ₹8,624 Per Unit

The Reserve Bank of India (RBI) has officially set the redemption price for the maturing Sovereign Gold Bonds (SGBs) at ₹8,624 per unit. This announcement comes just days before the scheduled redemption date, providing clarity to investors holding these gold-backed securities.

Redemption Details and Calculation Method

According to the central bank's statement, the redemption price has been calculated based on a specific methodology to ensure fair valuation:

• The price reflects the simple average of closing gold prices for the week of March 10-13, 2025
• Gold prices of 999 purity were used for the calculation
• Price data was sourced from the India Bullion and Jewellers Association Limited (IBJA)

This calculation method follows the standard procedure outlined in the Sovereign Gold Bond Scheme, which specifies that "the redemption price of SGB shall be based on the simple average of closing price of gold of 999 purity of the week (Monday-Friday), preceding the date of redemption, as published by the India Bullion and Jewellers Association Limited (IBJA)."

Maturity Schedule for 2016-17 Series IV Bonds

The upcoming redemption specifically applies to the SGBs 2016-17 Series IV, which were issued by the Government of India on March 17, 2017. These bonds are now reaching maturity after completing their full eight-year term as specified under the scheme's provisions.

The RBI has confirmed that March 17, 2025 will be the final redemption date for this particular tranche of bonds. Investors holding these securities can expect to receive the redemption amount credited to their accounts on or shortly after this date.

Investment Returns and Performance

While the original article doesn't mention the initial issue price, these bonds have likely delivered substantial returns to investors considering the significant appreciation in gold prices over the eight-year holding period. In addition to capital appreciation, SGB investors would have also benefited from the annual interest component of these bonds.

The SGBs offer investors several advantages compared to physical gold:

• Annual interest payment (typically around 2.5%) in addition to gold price appreciation
• Elimination of storage concerns and costs associated with physical gold
• Government-backed security providing higher safety than private gold investment options
• Exemption from capital gains tax if held till maturity

What Investors Should Know

Investors holding the maturing SGBs should be aware of the following points:

• The redemption amount will be automatically credited to the bank accounts linked to their investment
• No specific action is required from investors to initiate the redemption process
• The redemption price is fixed and will not change regardless of market movements after the calculation period
• Capital gains from SGBs held till maturity are tax-exempt, providing additional financial benefit

For investors looking to maintain gold exposure in their portfolio, the government periodically issues new tranches of Sovereign Gold Bonds, which continue to serve as an attractive alternative to physical gold ownership.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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GoDigit Promoters Secure IRDAI Approval for India's First Private Reinsurer

In a landmark development for India's insurance sector, Valueattics Reinsurance Ltd has received regulatory approval to become the country's first private sector reinsurer. The Insurance Regulatory and Development Authority of India (IRDAI) granted this historic approval on Thursday, marking what the regulator described as a "significant step in fostering competition in the reinsurance sector."

Key Backers and Capital Structure

Valueattics Reinsurance Ltd comes with strong financial backing from two established players in the insurance industry:

• Oben Ventures LLP, led by insurance veteran Kamesh Goyal
• FAL Corporation, linked to Prem Watsa's Fairfax Financial Holdings

The new reinsurance venture will commence operations with an initial paid-up capital of ₹210 crore. According to the regulatory approval, FAL Corporation will hold the majority stake in Valueattics Re, reinforcing Fairfax's expanding presence in India's financial services sector.

Strategic Significance for the Promoters

This approval positions Kamesh Goyal and Fairfax as the first promoters in India to operate across the complete insurance spectrum - general insurance, life insurance, and now reinsurance. The group already has established presence through:

• Go Digit General Insurance
• Go Digit Life Insurance

The addition of Valueattics Reinsurance completes their portfolio, creating a fully integrated insurance player capable of providing comprehensive risk management solutions.

Commenting on the approval, Kamesh Goyal, Chairman of Valueattics Re, emphasized the significance of this development: "There was a long standing need to have private reinsurance players in India," adding that this move strengthens Digit's ambition to offer end-to-end risk solutions across insurance segments.

Impact on India's Reinsurance Market

The entry of Valueattics Re is expected to bring transformative changes to India's reinsurance landscape, which has historically been dominated by the state-owned GIC Re and foreign reinsurance branches. Industry experts anticipate several positive developments:

• Increased market competition leading to better pricing models
• Infusion of fresh capital into the reinsurance sector
• Wider and more flexible risk coverage options
• Enhanced capacity for primary insurers
• More flexibility in treaty negotiations
• Potential reduction in costs for insurers, improving their margins

Fairfax's Expanding Indian Portfolio

The reinsurance venture adds to Fairfax India's already diverse investment portfolio in the country, which includes approximately 14 companies across various sectors:

• Financial services: Five companies including CSB and IIFL Finance, representing 28% of their portfolio
• Manufacturing: Five companies comprising 17% of investments
• Transportation, logistics, and storage services: Three companies making up 7% of holdings
• Infrastructure: Notably Bangalore International Airport (BIAL), their largest single exposure at 48% of the portfolio

Future Outlook

The approval of Valueattics Re signals IRDAI's commitment to liberalizing the insurance sector and encouraging greater private participation. As India's insurance penetration continues to grow, the reinsurance segment plays a crucial role in supporting sustainable expansion by providing the necessary risk-bearing capacity.

For consumers and businesses seeking insurance coverage, the increased competition in the reinsurance sector could eventually translate to more innovative products, improved services, and potentially more favorable premium rates across various insurance categories.

Market observers will be watching closely to see how Valueattics Re positions itself against established players and what unique value propositions it brings to this specialized segment of the insurance industry.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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India's Retail Inflation Hits Seven-Month Low of 3.61%, Rate Cut Hopes Strengthen

India's Retail Inflation Drops to Seven-Month Low of 3.61%, Rate Cut Hopes Strengthen

India's retail inflation has eased to a seven-month low in February 2025, primarily driven by moderating food prices. This development strengthens expectations for another interest rate cut in the coming months as the economy seeks additional stimulus.

According to the latest data released by the Ministry of Statistics & Programme Implementation (MoSPI), the Consumer Price Index (CPI) based retail inflation stood at 3.61% in February, a significant drop from 4.26% in January and considerably lower than the 5.09% recorded in the same period last year.

Food Inflation Shows Remarkable Moderation

One of the most notable aspects of the February inflation data is the substantial easing in food inflation, which decreased to 3.75% from January's 5.97%. This marks the lowest food inflation rate since May 2023, providing much-needed relief to consumers across the country.

The cooling of food prices can be attributed to several factors:

• Slower price increases in essential food categories including cereals, vegetables, pulses, meat, eggs, and milk
• Favorable agricultural production outlook for 2024-25
• Fresh Rabi harvest arrivals in markets
• Healthy reservoir levels supporting agricultural activities

However, prices of fruit, oils, and fats continued to see increases during February, indicating that certain food categories remain under inflationary pressure.

Industrial Output Shows Robust Growth

In parallel with the positive inflation data, India's industrial output displayed remarkable strength in January 2025. The Index of Industrial Production (IIP) grew at 5%, significantly outpacing the 3.2% growth recorded in December.

This impressive performance was primarily fueled by:

• Manufacturing sector expansion of 5.5%
• Mining sector growth of 4.4%
• Electricity generation increase of 2.4%

Particularly encouraging is the capital goods segment, which posted 7.8% growth in January, indicating a revival in private investment activity. Consumer durables output also showed strong momentum, growing by 7.2% during the month.

State-wise Inflation Patterns

An interesting aspect of the February inflation data is the notable variation across states. According to the report, 12 out of 22 states reported inflation below the national average of 3.6%, including:

• Andhra Pradesh
• Delhi
• Gujarat
• Maharashtra
• Uttar Pradesh
• West Bengal
• Six other states

This widespread moderation in prices across multiple regions reinforces the view that inflationary pressures are broadly easing throughout the country.

Rate Cut Expectations Grow Stronger

With inflation continuing its downward trajectory for the fourth consecutive month and now comfortably below the Reserve Bank of India's target of 4%, economists are increasingly confident about further monetary policy easing.

The RBI's Monetary Policy Committee (MPC) had already reduced the repo rate to 6.25% last month, marking the first rate cut since the COVID-19 pandemic began in 2020. Market analysts now anticipate additional rate cuts in the April and June policy meetings.

As noted by economic experts, the RBI's focus may now shift from controlling inflation to supporting economic growth, which is projected to moderate to 6.4% in 2024-25.

Economic Outlook

The combination of easing inflation and strong industrial output presents a positive short-term outlook for the Indian economy. Economists expect inflation to remain around the 4% level in the coming months, supported by:

• Comfortable core inflation
• Continuing moderation in food prices
• Relatively stable global commodity prices

However, experts caution that weather-related disruptions and geopolitical tensions remain potential risk factors that could impact the inflation trajectory in the future.

For retail investors, this economic scenario suggests a potentially favorable environment for rate-sensitive sectors in the coming months as monetary policy is expected to become more accommodative.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Temasek Acquires 10% Stake in Haldiram Snacks at $10 Billion Valuation

Temasek Acquires 10% Stake in Haldiram Snacks Food at $10 Billion Valuation

In what marks the largest transaction in India's packaged consumer goods sector, Singapore-based investment firm Temasek has signed a definitive agreement to acquire a 10% stake in Haldiram Snacks Food. The deal, finalized on Tuesday night, values the iconic Indian snack manufacturer at an impressive $10 billion.

Solo Investment by Temasek

According to executives familiar with the transaction, Temasek proceeded with the investment independently after its previous partner, Bain Capital, withdrew from the bidding process. While there are indications that Haldiram may eventually bring in additional investors such as Alpha Wave Global or Blackstone, currently only the agreement with Temasek has been formalized.

Temasek's decision to pursue the investment alone came after Bain Capital declined to negotiate beyond a valuation range of $8.8-9.4 billion (approximately Rs 75,000-80,000 crore), falling short of Haldiram's valuation expectations of $10-11 billion.

Haldiram's Market Position and Financial Performance

Haldiram Snacks Food has established itself as India's largest snack and convenience foods company. The company reported revenue of Rs 12,800 crore in fiscal year 2024, demonstrating its dominant position in the packaged food segment.

The company's extensive product portfolio includes:

• Over 500 types of snacks and namkeen
• Traditional Indian sweets
• Ready-to-eat and pre-mixed foods
• Non-carbonated ready-to-drink beverages

With operations spanning 100 countries including key markets such as the United Kingdom, United States, and the Middle East, Haldiram has successfully transformed from a regional Indian brand to a global food enterprise.

Competitive Bidding Process

The stake sale attracted significant interest from major investment firms. Three private equity groups had submitted binding offers for a 10-15% stake in Haldiram last year:

• A consortium led by Blackstone, along with the Abu Dhabi Investment Authority and GIC of Singapore
• The Temasek-Bain Capital combination (prior to Bain's withdrawal)
• Alpha Wave Global

Reports indicate that Blackstone's proposed conditions, which included joint management control and rights over key leadership appointments, were not acceptable to Haldiram's promoter family, ultimately affecting their position in the bidding process.

Strategic Corporate Developments

The investment comes at a significant juncture for Haldiram, which has been implementing important structural changes to streamline its operations:

• The merger of the Delhi and Nagpur business branches of the Haldiram group, approved by the National Company Law Tribunal (NCLT)
• Approval of the merger plan by the Competition Commission of India (CCI) in April 2024
• Appointment of a professional CEO in May 2023 – a first in the company's history

These developments were widely viewed as preparatory steps toward attracting strategic investors while modernizing the company's complex business operations. It's worth noting that the transaction does not include Haldiram's restaurant business, which is valued at approximately Rs 1,800 crore.

Market Growth and Future Potential

The investment underscores the significant growth potential in India's snack food market. According to market research firm IMARC Group, the Indian snacks market was valued at Rs 42,694.9 crore in 2023 and is projected to more than double to Rs 95,521.8 crore by 2032.

In recent years, Haldiram has strategically diversified beyond its traditional ethnic snacks portfolio to introduce sub-brands like Minute Khana, Cup Shup, Cookie Heaven, and Cocobay chocolates. These expansions position the company to compete directly with established players such as Britannia, Mondelez, and Amul across multiple food categories.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before m

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