While India began a week with successfully launching its second lunar mission Chandrayaan-2, stock markets seemed to be in a bearish mood.
Another week of the muted performance from Indian market where Nifty broke below crucial support levels in a matter of two days.
The weakness in macros and slowdown at the ground level is really taking the markets lower given the valuations are still at higher levels.
But, gold continues to remain the safest bet for investors as the precious metal has outdone equities and mutual funds so far this year.
Vijay Bhambwani is also bullish on gold. As per him, some amount of allocation to gold has to be made.
Tune in to know more...
For information on how to pick stocks that have the potential to deliver big returns, download our special report now!
Read the latest Market Commentary
Equitymaster requests your view! Post a comment on "Of Falling Markets and Rising Gold". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!