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Earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at Rs 75.30 crore as compared to Rs 22.29 crore a year ago.

This downward trend persisted in three out of the past five sessions.

Next week, US CPI data will be released, which will be crucial for gold. In case of hotter-than-expected inflation data, gold will fall. The bullion rally has coincided with a rally in risk assets and bonds.

In May, Foreign Portfolio Investors (FIIs) sold Indian equities worth Rs 17,083 crore, continuing their net selling trend. However, Domestic Institutional Investors (DIIs) countered this by purchasing equities worth Rs 19,410 crore, highlighting divergent institutional activity.

"Generative AI has emerged as a disruptive technology that can potentially help corporates improve productivity while vastly improving customer experience as well. As of now, major use cases and financial benefits of Gen AI fall in sales, marketing and customer support with software engineering expected to rise sharply," domestic brokerage JM Financial said.

We have a bullish view on the metal space and most of the metal stocks like Hindustan Zinc, Hindustan Copper, and Vedanta did well on Friday. So, Vedanta is our preferred choice at this moment.

Bitcoin is a revolutionary asset that defies traditional financial structures. Unlike companies, Bitcoin has no CEO, management team, earnings to hit, or competitors vying for its market share. It is a physical, bearer asset that can be held without counterparty risk, similar to gold, and it has no dilution risk.

While there are several reasons for this surge, peaks and troughs, booms and busts are an integral part of the stock market saga - much like the waves of the sea, which incessantly rise and fall. Hence, there could be an element of “irrational exuberance”, “froth” and “bubble”.

During the quarter, consolidated revenues came in at Rs 3,080 crore, up 28% from Rs 2,411 crore in the year-ago period.

Anthony Bolton emphasizes that successful investing involves not only identifying lucrative opportunities but also mitigating potential pitfalls. He stresses the importance of thoroughly studying balance sheets and treating associated risks with utmost seriousness.