New Delhi, Feb. 2 -- Equity benchmark Sensex jumped over 900 points on Monday, February 2, while gold and silver prices plunged sharply, leaving investors unsure about their next move. Should they increase exposure to equities or protect their wealth by staying on the sidelines?
MCX Gold February futures have crashed by over Rs.47,000, or 26%, per 10 grams from their peak, while MCX silver March futures have plunged by Rs.1.94 lakh, or over 46% per kg, from their peak.
On the other hand, the Sensex jumped 944 points, or 1.17%, to close at 81,666, while the Nifty 50 ended 1.06% higher at 25,088. The BSE 150 MidCap Index rose by 0.86%, while the BSE 250 SmallCap Index climbed 0.28%.
One major factor behind the rally in the domestic marke...
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