By:- B.T Team
Image Credit:- Google
Afcons Infrastructure's IPO is set to be one of the largest offerings in recent times, aiming to raise significant capital for expansion projects.
Previous IPOs in the infrastructure sector have shown a remarkable average listing gain of over 20%, indicating strong market confidence.
Historical Performance:
The day is not just about purchasing gold and silver; it is rooted in ancient customs symbolizing prosperity and good fortune.
Gold's Market Influence:
Did you know that gold prices often rise significantly during Dhanteras due to increased demand? Historically, gold prices can increase by up to 5% in the week leading up to the festival.
While gold often steals the spotlight, silver purchases during Dhanteras have seen a 30% increase this year, driven by its affordability and rising investment interest.
Investment Trends:
Many investors are shifting towards digital gold, making it easier to invest without the need for physical storage or security concerns.–
Economic Indicators:
The rise in gold and silver prices is often viewed as a hedge against inflation, providing insight into the broader economic sentiments of investors.
Analysts predict that if the current trend continues, gold could hit record highs by the end of the year, influenced by global economic uncertainties.
An increasing number of jewelers are offering ethical and sustainable gold options, responding to consumer demand for environmentally responsible practices.
Market Volatility:
Interestingly, gold prices tend to stabilize after Dhanteras, as the initial surge in demand levels off, providing potential buying opportunities for savvy investors.