Gold versus Nifty 50 Samvat 2082 returns comparison drives Dhanteras investment relevance.
Context
What happened: Gold and the Nifty 50 are compared for Samvat 2082, a year of volatility for Indian equities and sharp swings in gold prices.
Key numbers: Nifty 50 set to close Samvat 2082 down about 3.24%, despite a late rally of more than 10% in seven sessions. Gold set to end the year up nearly 10.31%. Nifty closed at 25,030.35 on November 6, up 493.75 points or 2.01%.
Why it matters: Gold is set to outperform the Nifty 50 over the Samvat, as geopolitical tensions, crude oil volatility and inflation concerns weighed on equities while gold held gains after January highs.
Why it matters
Gold is set to outperform the Nifty 50 over the Samvat, as geopolitical tensions, crude oil volatility and inflation concerns weighed on equities while gold held gains after January highs.