Last week, both Sensex and Nifty recorded a boom. In the small business week from the holidays, the Sensex rose 739.87 points i.e. 0.92 percent and the Nifty is 268 points i.e. 1.10 percent. During this period, the market capitalization of five of the top 10 most valuable companies of Sensex collectively increased by Rs 60,675.94 crore. State Bank of India and HDFC Bank got the most benefit.

SBI, top gainer, RIL

In the week under review, the market capitalization of State Bank of India increased by Rs 20,445.82 crore to Rs 7,63,095.16 crore. HDFC Bank’s evaluation increased by Rs 14,083.51 crore to Rs 15,28,387.09 crore. Similarly, the market capitalization of Infosys increased by Rs 9,887.17 crore to Rs 6,01,310.19 crore, Bharti Airtel’s evaluation increased by Rs 8,410.6 crore to Rs 10,68,260.92 crore and Reliance Industries market capitalization increased to Rs 18,548.84 crore to Rs 18,5948.023.43 crore.

LIC market cap reduced

On the other hand, the market capitalization of LIC declined by Rs 15,306.5 crore to Rs 5,61,881.17 crore. The market status of Bajaj Finance declined by Rs 9,601.08 crore to Rs 5,35,547.44 crore. The evaluation of ICICI Bank declined by Rs 6,513.34 crore and came to Rs 10,18,982.35 crore. The market capitalization of TCS declined by Rs 4,558.79 crore to Rs 10,93,349.87 crore and the evaluation of Hindustan Unilever declined by Rs 3,630.12 crore to Rs 5,83,391.76 crore.

Reliance Industries stood first among the top 10 companies in terms of market cap. After this, HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Hindustan Unilever, LIC and Bajaj Finance respectively.

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Chinese factory output growth slow: The second major economy of the world is showing the direct impact of Trump Tariff on China’s economy. Now even though he has held trade talks with America, Tariff has worked to put his economy in the trough. This is the reason that China’s factory output has gone down in the last six months. However, a slight rise in retail sales has given some relief to Beijing.

Significantly, this figure of decline in China’s factory growth has come at a time when China’s economy is going through a bad phase due to President Trump’s tariff. The property sector there is broken. The prices of houses have fallen considerably and there is no hope of recovery in it far and wide.

Slow speed of industrial production

According to data released by the National Bureau of Statistics on Monday, industrial production has been a growth of 5.8 percent compared to the same period last year. This was 6.1 percent in the month of April. This is the slowest speed ever compared to November 2023.

However, retail sales have increased by 6.4 percent. This growth was 5.1 percent in the month of April. This is the fastest older after December 2023. Experts were expecting its growth at a speed of 5.0 percent. Obviously, this figure is showing recession or slow growth in the industrial sector in Beijing, while domestic consumption has improved with a rapid pace. It is also a sign of economic reform and consumer development.

Why shock China

Significantly, on April 2, China suffered a major setback after the announcement of Trump Tariff. The US had put a break of 90 days on the tariff over the rest of the countries, while the tariff was increased over China. The decision of the big companies like Tariff War between the two countries and the already trading in China was no less than a big shock. However, the tension is now over after the business talks between the two countries later.

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Gold Price: In the Middle East, there has been a tremendous jump in the price of gold amidst heavy tension. Its price is crossing one lakh rupees on a day earlier i.e. Friday. In the national capital Delhi, gold was trading at the rate of Rs 1,01,540 per 10 grams with a huge jump of about Rs 2200. In such a situation, this question must be coming in the minds of many people that when the gold has crossed one lakh rupees at this time, then what can be its sense after the next one year.

Actually, for the first time on April 22, gold had crossed the price of historic Rs 1 lakh. After that this is a chance again when Sona has gone above one lakh rupees. In such a situation, its wildly running prices are being considered as a big factor. The first Trump Tariff created panic in the international market. Here, Ukraine War, Israel Hamas Jung and now Israel’s attack on Iran.

Where will the price of gold go?

Actually, an important thing in the minds of investors about gold is that it is the safest investment. Therefore, whenever there is upheaval in the market, investors turn to gold. This is the reason that whenever the demand has increased with its speed, the price of gold has reached the seventh sky at the same speed.

There is also a factor that the figure of inflation released by the US recently is less than expected. In such a situation, it is being speculated that interest rates can be cut by the Federal Reserve. In such a situation, history is witness that whenever interest rates are cut by the Federal Reserve, it has a direct effect on the dollar. The dollar value is weak.

Expected to drive away more in a year

It is believed that the price of gold in the international market will rise further. If about the rate of 12 months, Bank of America believes that gold can reach about four thousand dollars an ounce. However, different estimates are being made about this. Goldman Sachs predicts that due to tremendous purchases being made by central banks, gold can reach four hundred dollars by the end of next year and June-July of 2026 by June-July.

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