Aurobindo Pharma stock price gained 5.55%, and open interest saw a rise of 0.04%. Oracle Financial Services Software price surged 5.4%, and open interest saw an increase of 10.78%.
Gold s performance has been impressive, showing a gain of more than 12% this year. The demand for the yellow metal is expected to continue due to geopolitical tensions, rate cuts, and concerns over major economies.
MCX Gold has returned higher returns than Comex gold, when it came to peer-to-peer comparison, said Anuj Gupta, Head Commodity & Currency, HDFC Securities informed. On the YTD basis, the net gains by MCX gold is 13.55% while those by Comex are slightly lower at 11.70%. Yellow metal futures on MCX hit the lifetime high Rs 64,063 in 2023 while testing this year s low of Rs 54,771. This translates into Rs 9,200 price range that it has traversed.
For equity, equity derivative and securities lending & borrowing (SLB) segments, March has the most number of holidays – three – and, interestingly, all of them are either side of a weekend, making them extended trading holidays.