Latest news with #SamcoSecurities
Mint
15-05-2025
- Business
- Mint
After a glittery rally, gold may be about to make way for stocks
'However, gold prices still have room for improvement with eventual (US) rate cuts on the horizon and continuous central bank buying. Till then, gold can find a key support at the $3080 per ounce level," she said. But gold's geopolitical risk premium is beginning to fade as the ongoing US-China trade negotiations have shown significant progress, noted Apurva Sheth, head of market perspectives and research at Samco Securities. Also read: Early birds report of a steady yet muted Q4 Last week, the US agreed to cut duties on Chinese exports to 30% from 145% for 90 days, while China reduced its tariffs on US goods to 10% from 125% for the same period, signalling an intent to de-escalate and move towards a structured trade agreement. 'This has reduced the need for investors to seek shelter in traditional safe-haven assets like gold," Seth added. In fact, during the latest Mint quarterly market survey, Jay Kothari, lead equity strategist at DSP Mutual Fund, noted that the best way to play gold from hereon is through gold-related equities. Uncertainty's gold Uncertainty defined FY25, marked by shifting policies and global tensions. Gold capitalized on this instability, outshining other asset classes. To be sure, gold returned around 27% in 2024, outperforming every other asset class and marking its ninth consecutive annual gain last year. A couple of ongoing wars, relentless central bank buying – for diversifying reserves and reducing reliance on the US dollar – and a weakening global outlook drew investors to gold, as they faced a spate of uncertainties in the near term. US president Donald Trump's tariff tantrums and the recent rout in the US currency and treasury market further increased the appeal for gold as the only reliable safe haven asset, further fuelling its rally in 2025. Indian investors appear to taking a U-turn from safe haven gold to riskier assets like equities, as green shoots of geopolitical stability begin to emerge across the globe. With the precious metal already delivering returns as high as 25% in the first four months of 2025, experts believe there is limited room for significant upside, especially as global uncertainties begin to wane. This likely explains why domestic gold exchange traded fund (ETF) redemptions reached a one-year high last month. Also read: Banks' Q4 earnings hit an 8-quarter high. But that's not driven by loans Moreover, gold has remained under pressure lately, with prices being very volatile in the last three to four weeks. Going forward, Kaynat Chainwala, associate vice-president of commodity research at Kotak Securities, anticipates a 7-8% correction in gold prices in the short term, driven by easing US-China trade tensions. In India, gold prices touched an all-time high of ₹100,000 per 10g in the retail market last month. The surge in demand for the yellow metal reached a 15-year high in 2024, fuelling its meteoric price rise. Gold demand in the country reached 4,974 tonnes in 2024, mainly driven by jewellery and investment demand, which accounted for 40% and 24% of total gold demand respectively, according to the latest NSE Market Pulse report. Also read: What the market crystal ball sees for the next 3 months While total demand rose 0.6% on a year-on-year basis, albeit on a high base, demand for gold investment rose the highest at almost 25% during the same period. Equities turn? But how long will this heightened investment demand for gold endure? A recent Motilal Oswal Financial Services report highlighted that with domestic equities underperforming, the gold price to Nifty-50 index ratio has already breached its historical median and is now nearing its FY16 peak of 4.2x. Historically, such levels have suggested a higher probability of equities outperforming gold in the future. Could a sustained recovery in equities alter this dynamic? In fact, even though gold has outperformed domestic equities in a one to three-year timeframe, from a very long-term perspective, equites have historically delivered superior returns. Hence, experts are advising caution in investing in gold going forward. 'Investors should invest in a staggered manner as and when gold (prices) falls from here on, instead of going all in. While existing uncertainty around US's trade deals will support gold prices for the next few months, we are expecting a consolidation phase in the near term," said Pranav Mer, vice-president of the equity broking group's commodity and currency research team at JM Financial Services. MCX Gold is likely to consolidate in a range of ₹91,542 to ₹93,034, which is at a 50-62% retracement level of the recent rally from ₹86,710 to ₹99,358, noted Seth from Samco Securities. On booking profits, Mer from JM Financial Services suggested that investors should book profits whenever gold rallies from current levels. In fact, investors began redeeming in March, with gold ETFs seeing their first net outflows in over a year that month. In April, however, redemptions reached a one-year peak at ₹ 1,669 crore.
Time of India
29-04-2025
- Business
- Time of India
After gold prices hitting Rs 1 lakh, is it time for silver to rally?
Silver offers a viable alternative for those who missed the recent gold surge. (AI image) Time for silver after the gold price rally? Silver may be ready for a significant price increase to match gold's performance. The current gold-to-silver ratio of 100, calculated by dividing gold prices by silver, has reached its highest point since the Covid period in 2020, surpassing the century's average of approximately 85, according to Samco Securities. This metric indicates that silver currently presents better value. When the ratio reached its historic peak of 126.5 in March 2020, silver prices subsequently doubled by August. Investors interested in silver exposure might consider investing in silver ETFs . "We find ourselves at an interesting threshold for silver because the gold-silver ratio has surpassed 100, which marks a significant event that has only occurred three times in the past 50 years (in 1991, 2020, and now)," said Ramesh Varakhedkar, head - commodities at ICICI Securities according to an ET report. "Historically, this ratio being above 100 has often led to a strong recovery in silver prices as it (silver) tends to play catch-up with gold, which has rallied more swiftly in recent times." Also Read | RBI's gold buying spree continues! 57.5 tonnes added to gold reserves; second highest in 7 years Global gold prices increased by over 25% in 2025, according to data, driven by increased demand for safe-haven assets following Donald Trump's tariff measures. In comparison, silver has achieved a 14.5% gain this year. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cost Of Amusement Park Equipment From Mexico Might Surprise You - See Tips Amusement Park Equipment | search ads Click Here Undo Geopolitical tensions could drive gold prices higher, potentially reaching $3,600-3,700, according to Navneet Damani, head of research - commodities & currency at Motilal Oswal Financial Services. He suggests that a resolution of tensions, particularly between President Trump and China, could lead to gold correction whilst benefiting silver performance. Damani maintains a positive outlook on silver, noting its fifth consecutive year of supply deficit. Silver offers a viable alternative for those who missed the recent gold surge, Damani indicated. According to Apurva Sheth, head of research at Samco Securities, current metrics suggest silver is undervalued relative to gold, with potential for value appreciation in upcoming months. Should you buy silver? Damani advises purchasing silver whilst taking opposing positions on gold, anticipating a possible 10% decrease in the gold-to-silver ratio towards 90. His silver price targets are $35-36, equivalent to ₹1,02,000-1,10,000 per kilogram. Varakhedkar projects silver prices to exceed $35, possibly reaching $40 by year-end, corresponding to approximately ₹1,10,000 per kg in domestic terms. Also Read | Gold prices hit Rs 1 lakh! What's the outlook for gold and should you buy or sell the yellow metal? Explained "For investors, this presents a prime opportunity to diversify their portfolios. Incorporating silver alongside gold not only balances exposure to precious metals but also positions investors to take advantage of silver's anticipated price movement," he said. Sheth notes silver's characteristic quick, brief price movements compared to gold, recommending current entry points for traders to capitalise on potential gains. Stay informed with the latest business news, updates on bank holidays and public holidays . Master Value & Valuation with ET! Learn to invest smartly & decode financials. Limited seats at 33% off – Enroll now!
Time of India
29-04-2025
- Business
- Time of India
Is the white metal ready for a catch-up rally?
Sheth said moves in silver are usually swift and shorter compared with gold. "We would suggest traders buy it at current levels, to take advantage of the rally." The gold to silver ratio - measured by dividing gold prices by silver - is at 100, the highest since Covid in 2020. It is also trading above its average levels for the current century of around 85 levels, according to data from Samco Securities. The gauge, which compares the prices of gold and silver, signals that silver offers better value now. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Mumbai: Is silver on the cusp of a catch-up rally with gold? A ratio measuring the price of silver versus gold indicates the white metal might be poised for a run-up as its recent underperformance is perceived as gold to silver ratio - measured by dividing gold prices by silver - is at 100, the highest since Covid in 2020. It is also trading above its average levels for the current century of around 85 levels, according to data from Samco Securities. The gauge, which compares the prices of gold and silver, signals that silver offers better value now."We find ourselves at an interesting threshold for silver because the gold-silver ratio has surpassed 100, which marks a significant event that has only occurred three times in the past 50 years (in 1991, 2020, and now)," said Ramesh Varakhedkar, head - commodities at ICICI Securities. "Historically, this ratio being above 100 has often led to a strong recovery in silver prices as it (silver) tends to play catch-up with gold, which has rallied more swiftly in recent times."The ratio had made an all-time high of 126.5 in March 2020, from where silver prices had doubled by the month of August. Investors looking to bet on silver could consider buying its exchange traded funds (ETFs).Gold was trading at $3,300 per ounce and silver was at $32.99 per ounce as of 7 PM on gold prices surged over 25% in 2025, according to data from fuelled by growing demand for safe-haven assets in the wake of Donald Trump tariff actions. Silver has gained only 14.5% this year."Should geopolitical tensions continue to escalate, gold may maintain its upward trajectory, potentially reaching the $3,600-3,700 range," said Navneet Damani, head of research - commodities & currency at Motilal Oswal Financial Services "Conversely, if geopolitical risks subside - particularly if President Trump resolves with China - market sentiment could shift, leading to a correction in gold and a relative outperformance in silver." Damani remains bullish on silver because the metal's supply is in deficit for its fifth consecutive year."For investors who missed the recent rally in gold, silver presents an attractive opportunity," he Sheth, head of research at Samco Securities, said the ratio indicates that silver is currently undervalued compared to gold, and should see some catch up in the coming recommends investors buy silver and bet against gold, with the expectation that the gold-to-silver ratio could decline by approximately 10%, targeting the 90 level. His target for silver is $35-36, or ₹1,02,000-1,10,000 per expects silver to cross the $35 mark and potentially reach $40 by the end of the year, translating to around ₹1,10,000 per kg of silver in local currency."For investors, this presents a prime opportunity to diversify their portfolios. Incorporating silver alongside gold not only balances exposure to precious metals but also positions investors to take advantage of silver's anticipated price movement," he said moves in silver are usually swift and shorter compared with gold. "We would suggest traders buy it at current levels, to take advantage of the rally."
Business Upturn
28-04-2025
- Business
- Business Upturn
3 best trading apps for every pro trader
The Indian financial markets can be fast-paced. Keeping up with the speed can get highly challenging even for the most experienced trader. Fortunately, with the right tools at your fingertips, you can improve your trading outcomes drastically. For experienced traders, choosing the right stock market trading app is not just about executing trades swiftly. In fact, it is also about effectively leveraging trading insights, analytics and customisation. With so many mobile trading platforms available in India, identifying the one that aligns with a pro trader such as yourself can be challenging. In this comprehensive guide, we will explore 3 of the best online trading apps tailored for power users, focusing on functionality, performance and user experience. 3 Best Trading Apps in India for Experienced Traders If you are a trader who is experienced in navigating the complex financial market framework of India, here are 3 of the stock market trading apps that you can consider using to improve your chances of success. 1. Samco Securities – The Best Online Trading App for Professionals When it comes to blending innovation, speed and performance, Samco Securities stands out as a top-tier online trading app for professionals. Designed with pro traders in mind, Samco's app offers a suite of features tailored for active market participants who make quick decisions and rely on deep market insights. Here is a quick overview of some of the key features that Samco Securities offers. One of Samco's defining strengths lies in its smart margin products, like Margin Trading Facility (MTF) and Stock Plus. With Samco's MTF, you can get up to 4X leverage on equity delivery trades on more than 1,000 stocks. Stock Plus, meanwhile, lets you pledge equity shares and mutual fund holdings to get trading margin even if you have zero cash balance. The trading margin can be used in the equity intraday, equity delivery and derivative segments. With the smart margin products on Samco's online trading app, you can optimise capital usage with intelligent leverage options that enable enhanced exposure without compromising on risk management. Advanced Charts and Analytics Another standout feature of Samco's stock market trading app is the built-in access to advanced charts and analytics. Samco incorporates the professional-grade charting tool – TradingView, which can be used to track real-time market data, deploy technical indicators and conduct comprehensive analysis right from the app. Additionally, you also get to utilise StockBasket, a highly curated solution for long-term investors. StockBasket offers a structured approach to stock selection based on the inputs from Samco's expert research team. The Samco online trading app's cost-effective structure is a game-changer. You get to enjoy zero account opening charges and zero account maintenance charges (AMC) for the first year. Additionally, you also get to enjoy low brokerage rates of just Rs. 20 per executed order on equity delivery, equity intraday and derivative trades. Thanks to the low-cost structure, you can execute high-volume trades without impacting your profits. This affordability, combined with the various cutting-edge features, makes the platform ideal for full-time professional traders. With rapid order execution, seamless navigation and real-time alerts, Samco's stock market trading app is built for speed and precision. It caters specifically to pro traders, offering robust stability and reliability even during peak trading hours. If you are a professional trader who values real-time analytics, integrated research and low costs, Samco's online trading app delivers an unmatched experience. 2. Fyers App – Strong Entry-Level Option With Limited Customisation Fyers has quickly grown into one of the best trading apps for both beginners and intermediate traders. The online trading app's clean design and minimalistic interface make navigation easy, which is crucial for placing trades quickly. The Fyers stock market trading app has TradingView integration, which offers robust charting capabilities that are user-friendly and visually intuitive. This makes it a suitable platform for traders who are looking to step up from basic apps without diving straight into high-end professional platforms. While the Fyers app is good for intermediate traders, it lacks comprehensive research tools and trading automation, which are tools that full-time traders often require. In terms of scalability, Fyers may not be as robust as Samco Securities for high-frequency or high-volume traders. Overall, Fyers is a strong pick for intermediate users or swing traders looking for an intuitive interface and a smooth charting experience. 3. 5Paisa – Budget-Friendly with Basic Features 5Paisa is one of the best trading apps for traders who are cost-sensitive. Known for its low brokerage plans and easy account setup, the app is tailored more for casual investors than heavy-duty traders. The user-friendly interface, paired with essential trading functions, makes it accessible to a wide audience. While 5Paisa does cover the basics like order placement, watchlists and price alerts, it does not offer the advanced charting or AI-driven features that seasoned traders might expect. Moreover, research tools are limited, which can make the app feel restrictive for those looking to dive deep into technical or fundamental analytics. Platform intelligence, in particular, is an area where the 5Paisa online trading app lags behind. Unlike stock market trading apps like Samco, which are built for professional traders, 5Paisa offers a more generic experience, which may be better suited for beginner to intermediate traders. The 5Paisa trading app can be a good fallback option for traders whose primary concern is trading costs. However, it may not be suitable for serious technical traders or full-time trading professionals. Conclusion Choosing the right stock market trading app depends largely on your goals, experience and trading style. Fyers and 5Paisa are platforms that offer reasonable features for intermediate traders. However, professionals who are into full-time trading might require more advanced research tools and features like real-time performance, sophisticated analytics and reliability. Here is where Samco Securities' online trading app has an edge over the others. Samco offers a feature-rich, cost-effective and precision-driven platform that is built with fast trade executions and complex trading strategies in mind. With Samco's online trading app, you can trade smarter, faster and more effectively. Disclaimer: This article is for informational purposes only and does not constitute an offer, solicitation, or recommendation to buy or sell any securities or financial instruments. Trading and investing in the stock market involves risks, and past performance is not indicative of future results. Readers are advised to conduct their own research or consult with a certified financial advisor before making any investment decisions.
