Silver prices fell sharply by Rs 2,577 to Rs 2.38 lakh per kilogram in national capital futures trading on Friday. The drop was linked to weak market trends and subdued demand from investors, suggesting cautious sentiment despite earlier volatility in commodities. Traders will now watch whether buying interest returns to halt the slide.
Gold demand for Akshaya Tritiya fell around 30% by volume as prices rose nearly 60% year-on-year, discouraging bigger purchases. Buyers stayed within budgets, opting for lighter jewellery, small coins and exchange-led buying. Millennials leaned toward solitaires in the ₹75,000 to ₹2.5 lakh range, signaling a clear shift to affordability over luxury.
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Infosys ended FY26 on a strong note, with Q4 profits rising as demand picked up from banking, energy, and communication clients. The turnaround in these key verticals helped lift performance, setting the tone for what investors will watch next. Meanwhile, other tech updates in the news cycle also kept attention on India’s broader digital marketplace.
Steelmakers are expected to post a major profit surge in the March quarter, backed by seasonal demand and a new protectionist measure. Analysts forecast higher steel prices and stronger volumes will offset rising coking coal costs. SAIL is projected to see the steepest profit growth, while improving India’s trade balance and steady domestic demand strengthen the sector’s outlook.
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