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Gold falls by Rs 764, silver tumbles Rs 1,592

Updated at : 2022-08-16 17:20:01

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The precious metal had closed at Rs 53,111 per 10 grams in the previous trade.Silver also tumbled by Rs 1,592 to Rs 58,277 per kg from Rs 59,869 per kg in the previous trade."Gold prices at MCX witnessed lower openings reflecting overnight fall in COMEX prices," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.

The 30-share Sensex advanced 379.43 points to end at 59,842.21. Its broader peer, Nifty50, also ended the session comfortably above the 17,800 mark, led by auto realty and oil and gas scrips.

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The Nifty Realty index closed 1.97 per cent up at 452.0.

“Strategically, for our company, this is the key because the largest segment of the industry is a Flexi Cap both in terms of flows and AUM and has been left as a gap by us. After the Principal merger, we left this as a spot so that at the right time we could launch what we will see as in the future the largest and probably the flagship fund for a fund house.”

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As of 30-Jun-2022, promoters held 51.37 per cent stake in the company, while FIIs held 17.96 per cent and domestic institutional investors had 19.2 per cent.

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​MAHM and Volkswagen AG, on Monday, announced expansion of their MEB alliance to accelerate electrification of the Indian auto market.Venture targets one million units, including integration of MEB components into five all-electric

Sun TV operates satellite television channels across Tamil, Telugu, Kannada, Malayalam, Bangla and Marathi. It has FM radio stations and owns the SunRisers Hyderabad Franchise of the Indian Premier League as well as the OTT platform Sun NXT.

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A total of 25,473 shares changed hands on the counter till 02:43PM (IST)

“What stands out is his capability to see bargains because the market is about value and price. Price everybody knows but who knows the deep value. When the whole market was against it, he would say this is where the bet lies. Many times it looked like he was a le phataphat de phataphat (trading) type but he was also very long term. All the wealth has been created by him with long-term successful bets.”

The Relative Strength Index of the stock stood at 60.47 on Tuesday.

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