Benchmark equity indices BSE Sensex and NSE Nifty surged over 11 per cent between August 15, 2016 and August 15, 2017. Salasar Techno Engineering got listed at Rs 259.15 on BSE in July, a 139.95 per cent premium to its issue price of Rs 108. The yellow metal plunged 7 per cent to Rs 29,172 per 10 gram on August 11, 2017 from Rs 31,384 per 10 gram on August 16, 2016. Silver lost 16 per cent to Rs 39200 per 1 kg from Rs 46700 per 1 kg during the same period. They should continue to ride the interest rate curve in India going forward,” said Lakshmi Iyer, CIO (debt), Kotak Mutual Fund

Source: Economic Times August 15, 2017 05:46 UTC