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VERIFIEDET Markets·positive
Muthoot Finance, Manappuram, other gold financier stocks jump up to 4% as gold prices rise above Rs 1.58 lakh/10 grams
AI Summary
- ·Muthoot Finance, Manappuram Finance, and IIFL Finance shares increased by up to 4%.
- ·The surge in gold financier stocks coincided with a rise in gold prices.
- ·Higher gold prices can increase the value of collateral for gold loans.