Muthoot Finance, Manappuram Finance shares rally up to 11% in 4 days as gold crosses Rs 1.63 lakh

Muthoot Finance and Manappuram Finance shares have risen significantly over the past four days, with some stocks increasing by as much as 11%. This surge is largely attributed to the rise in gold prices, which have crossed the Rs 1.63 lakh mark. As gold becomes more valuable, investors are turning to gold-backed lending, which is a key business area for these finance companies. This trend is expected to continue as investors remain cautious about the global economy and geopolitical tensions persist.

Why it matters

Gold loan stocks are gaining as gold prices climb on a weaker dollar. This could lift investor sentiment and boost the sector's performance.

Market impact

Markets & countries in focus

Transmission channels

Likely winners & losers

Related coverage

• What is emotional regulation? A child psychologist explains The Conversation · 2026-08-06

Explore the intelligence

MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.