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Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here's why
Finance25 June 2026 at 06:15 am

Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here's why

Quick Take

Shares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US Federal Reserve rate hikes pressured bullion, raising concerns over collateral values and loan demand for g...

Why It Matters

Indian market movements directly impact portfolio valuations and SIP returns for millions of investors. Sector rotation signals where smart money is heading next.

Original Source

Read Full Article on Economic Times

From: Economic Times