Demand for gold, realty still subdued despite meltdown in equities market

Despite the meltdown in equities, other competing asset classes like gold, real estate and fixed income may not have become attractive options for investors yet. Indian markets, which gained around 27% in 2017, have slumped nearly 7% in the last six trading sessions. Stocks in the US, Asia and other global markets too have seen a sharp sell-off this week.

Gold, considered a safe asset to hold in volatile times, rose around 13% last year, followed by another 3% this year. However, analysts said it is too early to seek safe haven assets. According to Deepak Jasani, head (retail research) at HDFC Securities Ltd, fresh surplus of funds may shift to fixed income Read More