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Strong domestic macro numbers and a fall in crude prices lifted Indian indices to open in positive territory while the gains were restrained by Europe’s negative market trend, said Vinod Nair, Head of Research at Geojit Financial Services.

“It seems there will be no demand destruction, rather the trajectory as far as the Indian economy growth is concerned should continue and with this kind of raw material prices, companies should be able to maintain their profitability. We believe 18% to 20% compounded growth over the next two to three years is a high probability.”

In the previous trade, the precious metal closed at Rs 50,572 per 10 grams.Silver prices rose by Rs 161 to Rs 56,179 per kg from Rs 56,018 per kg in the previous trade.

The Nifty Realty index closed 0.28 per cent up at 418.6.

Bonds work by paying bondholders a fixed interest rate, also known as the coupon rate. It is also referred to as a fixed-income security.Suppose an organisation wishes to raise funds for its various business needs, it can either seek a loan from a bank or issue bonds.

“These are the four legs of growth. According to us all these guns should fire. Of course, the last quarter the market movement has not been supportive despite that we have had net inflows substantial portions of that coming in from existing and new clients.”

The stock quoted a 52-week high price of Rs 770.05 and low of Rs 469.75.

As per ET NOW sources, FinMin is seeking certain relaxation from the RBI for the strategic sale. At present, there are limitations as to who can buy a stake in the lender. FinMin is seeking relaxation in the 10 per cent holding limit by PE firms.

“Markets are really worried about the near one to two quarters in the form of compression and margins. Commentaries from companies which have reported numbers so far seem to be quite positive at least from the demand side.”

“Talking about margins, we are balancing the various levers and we have been investing in hiring much ahead of the curve for the entire last year and maybe five or six quarters and therefore our headcount growth on year-on-year basis is 19.5% and our services growth is 19%. It is pretty much in line, it is half a percent higher and we have continued with the fresher hiring,”