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Expansion● Neutral for Indian equities
NSE plans retail push for electronic gold receipts, eyes wider reach
The brief
- NSE plans an app and more collection centres to expand access to electronic gold receipts
- Trading in the receipts has been muted since their launch
- A wider route to gold investing may benefit NSE and Indian retail investors
- Swastika Infra shares set to list after IPO subscribed 7.91 times
- Retail trade, banking lead as 10 services sub-sectors clock double digits in July
- Services growth figures differ: reports cite 10 or 17 sub-sectors growing double digits in July
- Gold rates show mixed moves across Indian cities on September 29
- This jewellery stock stages major turnaround, rebounds over 400% in three years; what’s behind the rally?