U.S. West Texas Intermediate (WTI) crude futures similarly dropped 24 cents, or 0.2%, to $104.94 a barrel, after hitting an intraday high of $105.80.

This Akshaya Tritiya, analysts believe gold should account for at least 10-20 per cent of investor portfolio, on an average, given it shares an inverse relationship with equities and is considered a hedge against inflation.

In IT, TCS among largecaps and the L&T twins - both L&T Technology and Infotech look quite attractive post this selloff. In FMCG, I will stick to largecaps like HUL and Marico. Among the home finance companies, HDFC Ltd is the top bet, followed by Can Fin Home among smaller caps.

In today’s time, if you are a smart investor, you will realize the benefits that you can enjoy by investing in gold digitally. It’s hassle-free, fairly valued, and a pure form of investment.

Domestic Jewellers expect a strong demand during this week, with a sharp rise in the sales during the season. However, buying physical gold is not the only option available to the investors.

Industry experts said that there is a dearth of knowledgeable people with required skill sets and the majority of the newly recruited talent learns on the job itself, which takes about a quarter.

Barring the dollar-pegged USD Coin, Terra and Avalanche, all other crypto tokens were trading lower. Shiba Inu tumbled about 3 per cent, followed by a two per cent fall in Solana and Bitcoin each.

While prevailing price points or prospects will have little or no impact on traditionalists, who would purchase gold irrespective of these factors, it could also be a great opportunity for new-age investors to allocate a part of their portfolios towards gold.

If you want to be a great equity investor, you must steer clear of these errors to help achieve your goals, and in turn maximise gains from this asset class.

On the rating front, brokerages that maintained a buy said the order backlog is strong and that the automaker is on a gradual recovery to profitability.