Gold has outperformed equities in the first half of 2024, signaling its safe-haven potential.

From Mint: 2024-07-10 06:34:36

Summary: Stay updated with the latest market news with Mint’s real-time blog, covering Nifty 50, Sensex movements, and top gainers and losers in Asian and US markets. Gold has outperformed equities in the first half of 2024, signaling its safe-haven potential amid rising rates. Sahaj Solar IPO opens tomorrow, offering solar solutions with pricing at ₹171-180 per share. Emcure Pharma’s strong market debut saw shares rise by 4.5% after a 67.87 times oversubscribed IPO. Despite SEBI’s derivatives trading curbs, crypto platforms continue to offer F&O services, raising concerns over market manipulation and investor protection. Ambit Capital sees a turnaround in the chemical sector with attractive valuations in the industry. Supreme Power Equipment’s stock price surged by 235% in 6 months, with technical analysts predicting a bearish trend. Lastly, the market cap hit a record ₹397.1 lakh crore in H1CY24, with midcaps leading the charge.



Read more at Mint: Latest Market News Today Live Updates July 10, 2024: Gold has outshone equities in H1CY24. Does this rally have more legs?