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Amidst rising gold prices, purchases of actual gold in the form of coins, bars, and jewelry remain the most preferred option for Indians during Akshaya Tritiya celebrations, the sign of prosperity and seasonal buying. Investors could look to buy gold with purity and price kept in mind. Investing in gold can serve as a hedge against inflation and uncertainties and remains attractive for all categories of investors. The outlook for gold remains dependent on the stance of the US Federal Reserve, with any rate hike potentially lowering the appeal of the yellow metal.

Reliance Industries has surprised analysts by reporting a 19% YoY rise in its Q4 net profit, with a consolidated operating profit of Rs 41,389 crore. The figures were helped by high other income and lower taxes, as consolidated revenue only rose 2% YoY to Rs 2.16 lakh crore, lower than the estimated Rs 2.22 lakh crore.

Quarterly ARPU, a key performance parameter, improved marginally to Rs 178.8 from 178.2 in the third quarter, due to impact of tariff hike, better subscriber mix and data add-ons within select customer cohorts, the company said. It exceeded the Street estimate of Rs 178.2.

Indian retailer sees 13% increase in net profit during the quarter. Digital and new commerce sectors account for 17% of revenue, while the consumer electronics business saw a 35% expansion and fashion and lifestyle enjoyed 19% growth.

Dow rises 0.02%, S&P 500 opens higher by 0.06%, and Nasdaq Composite drops 0.11%

Wealth management still belongs to human intelligence and emotional withstanding, and the ground reality still reflects this, despite the rise of robo-advisory algorithms. However, technology can develop to aid wealth managers, such as the use of aggregator platforms for wealth managers, SaaS platforms with complete open stack and open API keys for execution activities across multiple asset classes, and seamless omnichannel experiences

​Mutual funds made most of the market correction by deploying cash last month. They bought equities worth over Rs 20,000 crore.

The Nifty50 has lost over 1% this week, mainly due to profit booking after achieving over 5% gains. According to analysts, the index is in a consolidation phase, which is expected to continue in the upcoming week. However, until the support of 17,500 holds, there is no sign of caution for the market

The Mukesh Ambani-led telco’s March quarter revenue from operations rose 11.9% on-year and 1.7% sequentially, at Rs 23, 394 crore.Shares of Reliance Industries (RIL), Jio’s parent, closed around 0.14% higher at Rs 2348.9 on the Bombay Stock Exchange Friday. The Jio results were declared after market hours

Retail demand is likely to improve on Akshay Tritiya, which is considered an auspicious day to buy valuables and gold, Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said. Akshay Tritiya is falling on Saturday.In the overseas markets, gold and silver were quoting lower at USD 1,988 per ounce and USD 25.12 per ounce, respectively