MOTILALOFS.NSEMotilal Oswal Financial Services Ltd.
Asia fuels one of the steepest gold rallies since 1970s amid 2025 price surge
New Delhi, Oct 16 : The surge in gold prices in 2025 ranks among the steepest since the 1970s, rivalling the bull runs of 197980, 201011, and 2020. However, unlike earlier cycles driven by Western crises, this rally is Asia-led, underpinned by reserve diversification and official-sector demand, data from a report showed on Thursday. Golds dazzling rally this year has captivated global markets a rare and spectacular ascent that has seen prices surge over 50 per cent year-to-date, breaching $4,000 on COMEX and touching Rs 1,20,000 domestically. The precious metal has clocked over 35 new record highs this year, as investors embrace tangible assets amid global uncertainty. Silver too has mirrored golds brilliance, soaring over 60 per cent YTD across exchanges, Motilal Oswal Financial Services said in its report. What began as a cautious start to the year has turned into a full-fledged super cycle, driven by capital rotation from bonds and riskier assets into safe havens. The rally in precious metals has been underpinned by a steady dollar index below 100 and rupee appreciation, both of which have supported domestic prices. "Markets are now pricing in a 70 per cent probability of U.S.
cityfalcon.com·9d ago
Silver shortage grips Zaveri Bazar
Even though the price of silver has fallen by Rs 2,000 per kg to 1.74 lakh in a day, jewellers from Zaveri Bazar has stopped accepting fresh orders for silver ornaments and bullion due to a severe shortage of physical silver, according to Rajesh Rokde, chairman of All India Gem & Jewellery Domestic Council (GJC).Rokde said that the premium on physical silver has surged significantly, reaching up to Rs 30,000 per kilogram, driven by strong demand and limited supply. This shortage is attributed to increased industrial and investment demand, both locally and globally.The GJC chairman said that strong demand from countries like Australia, Turkey, and China is exacerbating the shortage. "Some experts predict a temporary correction in prices around November, but overall appreciation is expected in the long term," he said.A report released by Motilal Oswal Financial Services Ltd. (MOFSL) on long-term outlook on silver till 2030 said that silver prices have surged past $51.30 per ounce in October 2025, registering over 70% year-to-date gains and reaching a 14-year high.
cityfalcon.com·10d ago
Groww set to launch Rs 7,000 crore IPO in November
Mumbai: Brokerage Groww is looking to launch its ₹7,000-crore Initial Public Offering (IPO) in the first week of November, said banking sources in the know. The Bengaluru-based firm, backed by Microsoft Chief Executive Officer Satya Nadella, is expected to announce the price band for its issue by the end of October, they said.Billionbrains Garage Ventures, Groww's parent, is targeting a valuation of up to $8 billion (approximately ₹70,400 crore) in its IPO. Kotak Mahindra Capital, JP Morgan India, Citigroup Global Markets India, Axis Capital, and Motilal Oswal Investment Advisors are the book-running lead managers to the IPO.Emails sent to the company and the bankers remained unanswered.Of the ₹7,000 crore IPO size, the fresh issue component will be ₹1,060 crore, while the rest will be an offer for sale (OFS) of up to 57.42 crore equity shares by existing investors, including Nadella.October saw some of the biggest IPOs of the year, including Tata Capital's ₹15,500-crore issue, the largest so far, followed by LG Electronics' ₹11,600-crore IPO.
cityfalcon.com·15d ago
Markets poised for growth; reforms, festive demand driving optimism: Motilal Oswal
Motilal Oswal, MD & CEO of Motilal Oswal Financial Services Ltd (MOFSL), expressed confidence in India's market outlook, citing strong reform momentum and encouraging festive demand.
cityfalcon.com·22d ago
Indian benchmarks to open flat as US trade optimism balances visa worries
India’s equity benchmarks are set to open little changed on Tuesday, as optimism over progress in trade talks with the United States helped balance concerns about steep H-1B visa fees. Gift Nifty futures were trading at 25,256.5 points as of 07:55 a.m. IST, indicating that the benchmark Nifty 50 will open near Monday’s close of 25,202.35. On Monday, both the Nifty 50 and the BSE Sensex fell, dragged by major information technology stocks that together lost about $10 billion in market value after Washington announced a $100,000 fee on new H-1B applications. Sentiment improved, however, after U.S. Secretary of State Marco Rubio underscored the importance of ties with India during talks with External Affairs Minister Subrahmanyam Jaishankar on the sidelines of the UN General Assembly in New York. “Indian equities are likely to consolidate after the recent run-up and Monday’s dip, with focus on Commerce Minister Piyush Goyal’s US visit for trade negotiations,” said Siddhartha Khemka, head of research, wealth management at Motilal Oswal Financial Services.
cityfalcon.com·1mo ago