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Pritam Patnaik Head - Commodities, Axis Securities said gold investors are having to deal with news flows and developments that is making a directional call on gold difficult.

"We still think that the markets are under pricing energy stocks and some of the metals and mining stocks. We think the gold has a place in the portfolio. If one combines the margin resilience, the high dividend paying theme, the compounding growth theme and then the real asset theme, that would guide in the direction of having a more insulated portfolio from the macro challenges and the headwinds that are buffeting markets now."

Sterling and Wilson Renewable’s scrip climbed to a high of Rs 360.55 as against Rs 344.75 at previous close on the BSE. The stock was last trading 2.5 per cent higher.

Sundaram Finance Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 22760.74 Crore) operating in NBFC sector.

Chola Inv Finance share price up 6.72 per cent

Updated at : 2022-04-08 10:20:04

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A total of 170,229 shares changed hands on the counter till 10:00AM (IST).

Adani Green rises 4.19% as Sensex climbs

Updated at : 2022-04-08 10:20:04

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The stock traded at a P/E multiple of 743.65, while the price-to-book value ratio stood at 200.6.

Sebi doing inspection of Invesco’s debt funds

Updated at : 2022-04-08 09:55:03

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"Sebi received a complaint a few months ago and has started inspection of the debt schemes based on the allegations made by the whistle-blower. Once the inspection report comes in, the next course of action will be taken," said the first of the two persons cited above.

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In Honduras, the Central Bank has said it cannot vouch for cryptocurrency transactions.

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HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 318394.33 Crore) operating in IT Software sector.

"It is quite common to have dispersion in returns across sectors and even within sectors and individual companies. For instance, more recently, IT, metals and pharma sectors have considerably outperformed auto, cement, banks and consumer sectors. Unlike a traditional, diversified fund, a long short fund has the flexibility to sharply position the portfolio towards outperforming/ underperforming companies on the long side/short side."

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