India is witnessing a record number of IPOs in 2025.
A Demat account is mandatory to apply for IPOs as per SEBI guidelines.
Leading brokers like Swastika Investmart, Zerodha, Groww, Angel One, Upstox, ICICI Direct offer easy onboarding.
Swastika Investmart stands out for its trust, research-backed advisory, and regional support.
Early account setup ensures you don’t miss upcoming IPO opportunities.
Introduction
The year 2025 has kickstarted one of the strongest IPO waves in India’s market history. From startups to large conglomerates, companies are lining up to raise capital via Initial Public Offerings (IPOs). With SEBI making IPO processes faster and digital applications simpler, retail participation is at an all-time high.
But here’s the catch – you cannot apply for or hold IPO shares without a DEMAT account. If you are serious about wealth creation through the upcoming IPO boom, now is the right time to get started.
Factors fueling this surge in IPO activity:
Factor
Impact on IPOs
Strong Economic Growth
India projected to grow ~7% in FY25, boosting investor confidence.
Global Interest in Indian Markets
FII inflows and global funds diversifying into India.
Retail Investor Participation
Record number of new DEMAT accounts opened in 2024–25.
Here’s why a DEMAT account is non-negotiable for IPO investments:
Mandatory Requirement – As per SEBI rules, IPO shares are allotted only in DEMAT form.
Safe & Paperless – No risk of losing share certificates.
Faster Refunds – Non-allotted funds are unblocked instantly via UPI.
Ease of Selling – Shares get credited directly to your DEMAT and can be sold anytime post listing.
Access to Multiple IPOs – Apply seamlessly via brokers or banking apps linked to DEMAT.
Benefits of Applying for IPOs via DEMAT
Benefit
Why It Matters
Quick Allotment
Shares credited within days directly to DEMAT.
Transparency
Track allotment status online with ease.
Higher Listing Gains
2025 IPOs are offering strong short-term gains in certain sectors.
Long-Term Wealth
Quality IPOs can compound wealth over years.
Low Entry Barrier
Retail investors can apply with as little as ₹15,000–₹20,000.
What’s Fueling the IPO Boom in 2025?
The Indian stock market has matured significantly in the last few years. Backed by favorable SEBI regulations, strong retail participation, and India’s status as the fastest-growing major economy, more companies are choosing to go public.In fact, experts estimate that IPO fundraising in 2025 could surpass all previous records, covering diverse sectors like fintech, renewable energy, digital commerce, and infrastructure.
How to Get Started Today
Open a DEMAT + Trading Account – Choose a SEBI-registered broker like Swastika Investmart, Zerodha, Upstox, or Angel One.
Complete e-KYC – Submit Aadhaar, PAN, and bank details.
Link UPI ID – For IPO applications.
Apply for IPOs – Directly through broker platforms or net banking (ASBA).
Monitor Allotments & Listings – Shares get credited automatically into your DEMAT.
Why Choose Swastika Investmart?
<p>While many discount brokers focus on speed, <strong>Swastika Investmart</strong> has built its reputation on **trust, SEBI compliance, and deep research-based advisory**. With its strong technology stack and regional support network across India, Swastika empowers both beginners and experienced investors to participate confidently in IPOs.</p> <p>What sets Swastika apart is its investor-first approach, ensuring that new entrants into the stock market are guided properly and not just left with trading tools. From IPO recommendations to post-listing strategies, Swastika helps investors at every step.</p>
Q1. Can I apply for an IPO without a DEMAT account? No. IPO allotments are only made in DEMAT form as per SEBI guidelines.
Q2. How much money do I need to start investing in IPOs? Retail IPO applications usually start from ₹15,000–₹20,000 per lot.
Q3. Are IPOs always profitable? Not always. While some deliver strong listing gains, others may underperform. Research is essential.
Q4. Which IPOs are expected in 2025?
Several companies in fintech, EV, renewable energy, and healthcare are expected to go public this year.
Conclusion:
The IPO boom of 2025 is a once in a decade opportunity for Indian investors. With leading companies tapping into public markets, retail investors have a golden chance to grow wealth. But without a Demat account, you’ll be left out of the action. If you’re serious about making the most of the IPO wave, now is the right time to open a Demat account. Whether you prefer app-based brokers or value-added services, ensure your account is ready before the next big IPO hits the market. And with Swastika Investmart, you get not just access but also trusted guidance to navigate India’s exciting IPO journey in 2025 🚀
Online (or virtual) communities are online platforms or virtual rooms where a bunch of individuals are interacting with one another on an everyday basis.
The technical evolution in dynamic content of internet sites and interacting with alternative users allowed the large development into the community world and eventually the social network world.
With therefore known as social media monitoring. Last year they learned to look at, analyze, and interpret the postings of individuals. So that they were able to react to any or all positive and negative opinions of them.
In contrast to marketplaces, online community members are united in an exceedingly common activity or interest. They will get to understand one another, move post queries and find answers. The most important characteristic, therefore, is that of member interaction.
Types of Online Communities
1. Web Pages
Not as permanent as ancient media. Like paper, websites archive data for extended periods. World Wide Web users post content on websites for others to look at. The content could also be straightforward text, however, it would additionally contain multimedia system files together with pictures, sounds, videos, or streaming content. Examples include: wikipedia.com
2. Forums
Typically hosted online, mixes several aspects of email and sites. they involve discussion around one, restricted topic, however will crop up over months or years and involve dozens or perhaps many participants conversations that prolong indefinitely, involve massive numbers of individuals, and aren't similar to the temperament to email. Examples include:
2channel
4chan
6park
8chan (infinite chan)
Aelyria
airliners.ne
3. Email
In contrast to instant messages, emails are typically not expected to browse now upon receipt. The email could be a methodology originally supposed to imitate physical mail. Messages are delivered from one specific address to 1 or a lot of specific addresses. Users are alerted to the presence of recent messages in their inboxes by email shoppers that show the content and provide a chance to reply. Messages are primarily text. Therefore, email is ideally fitted for long, concerning conversations between 2 folks or among tiny teams of individuals. Examples include:
Gmail
Yandex mail
Protonmail
Zoho mail
4. Text Messaging
Typically supposed to be near-instant communication and maybe faster than a telephone text messaging uses cellular airwaves and protocols to deliver matter messages from one mobile phone to a different one or from one phone to a bunch of alternative phones.
The sender does not need to look ahead to the recipient to answer before delivering a message. Text electronic communication is informal and simple, it's typically referred to as chatting. Examples include:
Skype
Trillion
Eztalks cloud meeting
join. me
Digsby
5. Social Media
In contrast to text messages that are delivered to solely tiny teams, social networking sites facilitate communication among folks with common interests or affiliations. Sites like Facebook and LinkedIn give places for folks to act, typically in real-time.
Microblogging services like Twitter, permit short-matter messages of no over a hundred and forty characters to be broadcast to an outsized audience microblog users will repost messages that they need to share with their followers, thus a microblog post will unfold quickly. Examples include:
6. Social Communities
Facebook
Instagram
Linked-in
YouTube
Twitter
7. Video Chat
Nothing beats face-to-face spoken communication. Video chats give associates immediacy to spoken communication.
Video chat is like instant electronic communication, most video chatting is conducted over web protocols that stream pictures from one device to a different one. Businesses typically use videoconferencing to assist in virtual conferences. Examples include:
Google video chat (web-based, windows/mac os x)
ichat (mac os x)
skype (windows/mac/Linux)
vsee (windows only)
tokbox (web-based, supports all platforms)
8. Task Structured
The relationships established or increased online are a means to a mutual finish, like increased profits.
A lot of specifically, internet communities are established between business partners, between businesses and their customers, between totally different teams of shoppers, inside firms, and between individuals and teams dedicated to specific topics.
Task centered communities typically are additional structured and impersonal. His functionality of key tasks is integrated and synthesized. This necessitates less personnel, paperwork, and software system, and boosts potency, thereby minimizing operative prices and enhancing profit.
Conclusion
In times of the internet, the social media movement firms should not underestimate the ability of those channels online/virtual communities are the place wherever the web user is posting its opinions and receiving their data.
The community world has a big unmanageable world of many blogs, boards, communities, chats, and portals. n 2011 solely seven-membered of all cash pay on online advertising within America went to Facebook, whereas Google and yahoo took a combined share of fifty-two. being a part of it and making valuable content will influence the success financially and image-wise of an organization.
शुक्रवार को हुई ओपेक और नॉन ओपेक देशो की बैठक के कारण कच्चे तेल के भाव मे उठापटक देखि गई। ओपेक देशो के आश्वासनों से पहले क्रूड की कीमतें गुरुवार से अस्थिर रही, क्योंकि मांग बढ़ोतरी मे संदेह के बावजूद, मई से वैश्विक तेल उत्पादन बढ़ने की सहमति हुई है।
ओपेक और नॉन ओपेक देशो के सदस्य, दो-दिवसीय कॉन्फरेंस के माध्यम से बैठक करते हुए, मई और जून में प्रति दिन 350,000 बैरल और जुलाई में 400,000 बैरल प्रतिदिन उत्पादन बढ़ाने पर सहमत हुए है।
सऊदी अरब को कटौती के प्रति दिन 250,000 बैरल मई और जून में घटाने पर विचार करना था, ताकि बाजार को निरंतर समर्थन प्रदान किया जा सके। लेकिन इसने उस विचार को अन्य उत्पादकों के साथ आम सहमति पर पहुंचने के बाद समाप्त कर दिया कि उत्पादन मे बढ़ोतरी तेल मांग मे बढ़ोतरी के अनुरूप है। लगभग 2.5 मिलियन बैरल प्रति दिन, कई सप्ताह तक रुके रहने के बाद, अमेरिकी कच्चे तेल का निर्यात पिछले हफ्ते बढ़कर 3.2 लाख बैरल प्रति दिन हो गया है।
अमेरिकी तेल उत्पादन भी पिछले सप्ताह बढ़कर 11.1 लाख बैरल प्रतिदिन हो गया है। पिछले कुछ महीनों में संयुक्त राज्य अमेरिका के लिए 11 मिलियन बैरल या उससे कम का दैनिक उत्पादन मानक बना हुआ था। कॉमेक्स मे कच्चे तेल के भाव सप्ताह मे मामूली बढ़त के साथ 61 डॉलर तथा ब्रेंट कच्चा तेल 64.7 डॉलर और घरेलु कच्चे तेल की कीमते 4516 रुपये प्रति बैरल पर रही।
तकनिकी विश्लेषण
कच्चे तेल की कीमतों मे ऊपरी स्तरों पर दबाव रहने की सम्भावना है। इसमें 4670 रुपये पर प्रतिरोध तथा 4300 रुपय पर सपोर्ट है।
Incorporated in 1995, Macrotech Developers [Formerly known as Lodha Developers] is the largest real estate developer in India. The company is primarily engaged in affordable residential real estate developments and in 2019, it entered into the development of logistics and industrial parks and also developed commercial real estate.
The company’s large ongoing portfolio of affordable and mid-income housing projects include Palava (Navi Mumbai, Dombivali Region), Upper Thane (Thane outskirts), Amara (Thane), Lodha Sterling (Thane), LodhaLuxuria (Thane), Crown Thane (Thane), Bel Air (Jogeshwari), LodhaBelmondo (Pune), Lodha Splendora (Thane) and Casa Maxima (Mira Road).
The affordable and mid-income housing developments accounted for Sales of Rs.3055 crores during the financial year 2020 and constituted 57.77% of our total residential sales.
Company Business:
The Company develops Real estate across the residential and commercial sectors in the Mumbai Metropolitan Region, Pune, and London.
In the Residential Portfolio, the price of the Flat they sell is in the range of 35 Lacs to 59 Cr.
In the commercial portfolio, they develop office and retail projects as income-generating assets on the lease model and sale models, with an increasing focus on the former.
The company has a good track record of completing projects from acquisition to launch to completion thereby improving Return on investment.
Strength of the Company
Largest residential real estate developer in India.
Strong sales distribution network across India as well as NRI markets
Brand equity and premium pricing.
Strong project execution capabilities.
Experienced Management Team.
RISKS RELATING TO BUSINESS:
There are material outstanding legal proceedings involving Company, Subsidiaries, Associates, Directors, Promoters, and Group Companies
The company may not be able to successfully identify and acquire suitable land or development rights, which may affect business and growth.
The company’s business and results of operations could be adversely affected by the incidence and rate of property taxes and stamp duties.
Compliance with, and changes in, environmental, health and safety, and labor laws and regulations could adversely affect the development of projects and financial conditions.
IPO Details:
IPO DateApr 7, 2021to Apr 9, 2021Issue TypeBook Built Issue IPOIssue Size51,440,328 Eq Shares of ₹10(aggregating up to ₹2,500.00 Cr)Fresh Issue5,14,40,329Eq SharesOffer for SaleNILFace ValueRs.10 per equity shareIPO PriceRs.483 to Rs.486 equity shareMin Order Quantity30Listing AtBSE, NSE
IPO Objective:
Reduce the aggregate outstanding borrowings of the company on a consolidated basis.
Lodha Group has been involved in the real estate business since 1995. Further, the Company is led by Abhishek M. Lodha, Managing Director and Chief Executive Officer. The company has a leadership team of experienced professionals with relevant functional expertise across different industries who are instrumental in implementing the business strategies.
The company commenced operations in Mumbai, developing affordable housing projects in the suburbs of Mumbai, and later diversified into other segments and regions in the MMR and Pune. In addition to the ongoing and planned projects, as of 31 December 2020, the company has land reserves of approximately 3,803 acres for future development in the MMR, with the potential to develop approximately 322 million square feet of Developable Area.
The company has clocked sales of approximately INR 6,569 crores with gross collections of approximately INR 8,189 crores for FY 19-20. The company reported a total income of ₹3,160.49 crores for the period ended December compared with ₹9,357.35 crores a year ago. The net loss stood at ₹264.30 crores compared to a profit of ₹503.08 crores.
Their residential and commercial spaces are aimed at every segment, right from super luxury to budget, thereby enabling every aspiring consumer to fulfill their dream. The company’s brands include “Lodha”, “CASA by Lodha” and “Crown – Lodha Quality Homes” for our affordable and mid-income housing projects. The “Lodha” and “Lodha Luxury” brands for premium and luxury housing projects, and the “iThink”, “LodhaExcelus” and “LodhaSupremus” brands for office spaces.
The company’s in-house sales team is supported by a distribution network of multiple channels across India as well as key non-resident Indian (“NRI”) markets, such as the Gulf Cooperation Council, United Kingdom, Singapore, and the United States.
The real estate market in India has grown at a CAGR of approximately 10 percent from $ 50 billion in 2008 to $120 billion in 2017 and is expected to further grow at a CAGR of 17.7% to reach $1 trillion by 2030. The real estate market contributed approximately 6 percent to India’s GDP in 2017 and is likely to contribute approximately 13% to India’s GDP by 2025.
Valuation of Macrotech Developers (as of FY2020)
Earnings Per Share (EPS): INR18.46Price/Earnings (PE ratio): 26Return of Net Worth (RONW): 17.8%Net Asset Value (NAV): INR103.86 per share
Macrotech Developers has a strong reputation in the Mumbai region with delivery of close to 10,000 homes annually. Has the ability to price at a premium which results in higher margins.
The listed peers are Brigade Enterprises Ltd, DLF Limited, Godrej Properties Ltd, Oberoi Realty Ltd, Prestige Estates Projects Ltd, Sobha Ltd, and Sunteck Realty Limited. Among these, only Sobah Ltd has the lowest P/E ratio of 15.12, while Godrej Properties Ltd has the highest P/E ratio of 135.51
Corporate actions are key events that companies undertake, which can directly impact their stock prices, financial health, and how investors perceive them. Whether it's issuing dividends, conducting stock splits, or merging with another company, these actions play a significant role in the stock market. Let’s break down the most common corporate actions and their effects on stock prices, with examples from Indian stocks to illustrate.
What Are Corporate Actions?
Corporate actions are decisions made by a company that affect its shareholders. These actions can lead to changes in stock prices, which investors need to understand to make informed decisions. Here are some of the most common corporate actions:
Types of Corporate Actions
1. Dividends
Dividends are payments made to shareholders from a company’s earnings. They can be in the form of cash or additional shares.
Impact on Stock Price: When a dividend is declared, the stock price usually drops by the dividend amount on the ex-dividend date. For instance, if a company announces a ₹5 dividend, the stock price might decrease by ₹5 on the ex-dividend date.
Example: Consider a company like HDFC Bank. When it declares a cash dividend, the stock price adjusts to reflect the dividend payout. If HDFC Bank declares a ₹10 dividend, its stock price might drop by ₹10 on the ex-dividend date.
2. Stock Splits
A stock split increases the number of shares outstanding by issuing more shares to existing shareholders. For example, in a 2-for-1 split, shareholders receive two shares for every one they own, but the share price is halved.
Impact on Stock Price: The total value of shares held by an investor remains the same, but the price per share changes according to the split ratio. If a stock priced at ₹200 undergoes a 2-for-1 split, the new price would be ₹100, and shareholders would own twice as many shares.
Example: Reliance Industries has conducted stock splits in the past. For instance, if Reliance's stock was trading at ₹2,000 and underwent a 5-for-1 split, the price would adjust to ₹400, but shareholders would now have five times more shares.
3. Bonus Shares
Bonus shares are additional shares given to existing shareholders at no extra cost, usually based on the number of shares they already own.
Impact on Stock Price: The stock price typically drops to reflect the increase in the number of shares. For example, if a company issues a 1:1 bonus, the share price might halve, but shareholders will own double the number of shares.
Example: Tata Motors has issued bonus shares before. If Tata Motors issues a 1:1 bonus, the stock price might decrease, but shareholders will have twice as many shares as before.
4. Mergers and Acquisitions
Mergers involve two companies combining to form a new entity, while acquisitions occur when one company takes over another.
Impact on Stock Price: The stock price reaction depends on the deal. Generally, the acquiring company's stock price might drop due to the costs involved, while the target company's stock price usually rises. The long-term effect depends on how well the deal is executed.
Example: When Hindustan Aeronautics Limited (HAL) acquired smaller defense firms, HAL’s stock price reacted to the perceived benefits of the acquisition. Conversely, the stock of the acquired firms often saw a spike.
5. Rights Issues
A rights issue allows existing shareholders to buy additional shares at a discount to the current market price.
Impact on Stock Price: The stock price might fall to account for the dilution due to the new shares being issued. For example, if a company issues new shares at ₹50 while the current price is ₹83, the market price might adjust downward to reflect the dilution.
Example: If Infosys announces a rights issue at ₹1,000 when the market price is ₹1,200, the stock price might fall to around ₹1,050 to reflect the new shares being issued.
Impact on Stock Prices
Immediate Reaction: Corporate actions often cause immediate fluctuations in stock prices. For instance, a dividend announcement can lead to a temporary drop in stock price on the ex-dividend date.
Long-Term Effects: The long-term impact depends on how the corporate action affects the company's overall financial health and future prospects. Successful mergers or strategic stock splits can lead to increased stock prices if they create value and growth opportunities.
Conclusion
Corporate actions are significant events that can influence stock prices in various ways. By understanding these actions—such as dividends, stock splits, bonus shares, mergers, and rights issues—investors can better navigate the stock market. Monitoring these events helps investors make informed decisions and anticipate market reactions, allowing them to align their strategies accordingly.
BSE Exchange (Bombay Stock Exchange), India’s largest stock exchange by a number of companies listed. The Bombay Stock Exchange was established in the year 1875 as the first stock exchange in Asia. Today BSE has over 5000 companies listed on it, the highest in any exchange around the world.
World's two leading global exchanges, Deutsche Bourse and Singapore Exchange, are strategic partners of BSE. BSE offers to trade in Equity, Debt Instruments, Derivatives, Mutual Funds and SME Equity. The S&P BSE SENSEX is India’s most widely tracked stock market benchmark index.
BSE also offers services including risk management, clearing, settlement, market data services, IT services and solutions, licensing index products such as the S&P BSE SENSEX and financial & capital markets training. BSE Limited has the following strengths: 1.
Strong brand recognition with a track record of innovation 2. Diversified and integrated business model and active relationship with market participants 3. State-of-the-art infrastructure and technology.
CAMS -
Computer Age Management Services Ltd (CAMS) is a mutual fund (MFs) transfer agency with a focus on technology-based solutions. It offers services to alternative investment funds (AIFs) and insurance companies, through service centres, white label call centres, online mobile applications and chatbot services.
Mutual Fund distribution is a big business in India and the transaction processing environment is complex. There are many sub-agents of distributors in the country leading with a retail investor base and they will need information regarding Mutual Fund transactions. So, CAMS offer Distributor Services packages to all distributors who operate using retail sub-agents.
CDSL -
CDSL is the leading securities depository in India in terms of incremental beneficial owner (BO) accounts. CDSL earns revenue by charging annual issuer fee to corporates and account maintenance charges, user facility charges and transaction fees to depository participants (DPs).
The asset-light model, duopoly play on the secular increase in stockholder accounts coupled with potential market share gains is an added positive. While this itself is a successful recipe for growth, the icing on the cake could be the massive unexploited revenue opportunities in CDSL’s core activities, and leveraging its customer base and data for new businesses, a feat adroitly accomplished by similar sectors such as credit rating agencies (not to mention internet companies).
IEX –
INDIAN ENERGY EXCHANGE LIMITED (IEX) is the first and largest energy exchange in India providing a nationwide, automated trading platform for physical delivery of electricity, Renewable Energy Certificates and Energy Saving Certificates. The exchange platform enables efficient price discovery and increases the accessibility and transparency of the power market in India while also enhancing the speed and efficiency of trade execution.
IEX’s subsidiary Indian Gas Exchange Ltd. (IGX) is India’s first automated national level Gas Exchange to promote and sustain an efficient and robust Gas market and to foster gas trading in the country. The exchange features multiple buyers and sellers to trade in spot and forward contracts at designated physical hubs.
INDIAMART–
Indiamart Intermesh Limited is an online platform (www.indiamart.com.) for business buyers to connect with suppliers of products and services. Buyers can place a business enquiry by visiting suppliers (small and medium) online and explore their products and services. It has organised its listings across 54 industries.
It provides a platform for SMEs, large enterprises, and even individual buyers. Nearly 2.6 crore buyers can reach out to over 22 lakh suppliers coming from 52 different categories of industries and choose from the list of 3.3 crore products.
It is now rated as one of the largest e-commerce platforms for businesses of different kinds with a market share of more than 60%. It deals with 97000 product categories that cover a wide range of industries. IndiaMART is also one of the very few companies with zero debt and a sizeable cash balance.
IRCTC -
IRCTC is a ‘Mini-Ratna' company that derives revenues from four broad business segments — catering (selling food on rail journeys), travel & tourism (tour and destination-specific packages), e-ticketing and packaged drinking water (known for its brand Rail Neer).
Catering contributes 55 per cent to the company’s total revenues, followed by travel & tourism which provides 23.3 per cent, e-ticketing contributes 12.3 per cent and packaged drinking water, which contributes 9.2 per cent.
INFO EDGE (NAUKRI) -
Info Edge generates revenue through the provision of various services through its online recruitment, property, matrimonial, and education classifieds portals. The Company derives its revenue in the form of fees associated with its various services and advertising solutions.
It also derives revenue through commission income on property bookings placed with builders and developers. Today InfoEdge group directly operates 8 ventures and controls the other 6 through investments.
Jeevansaathi.com, the famous matrimonial site, was launched in 1998. In later years they came up with Shiksha.com, NaukriGulf, and Quadrangle. In 2012, they also launched their mobile app for Naukri.com In 2010, InfoEdge made an investment that realized much late but shows the vision of this investment was now food delivery and restaurant catalogue giant, Zomato.
This is what lies in the InfoEdge group. Zomato was not their only key investment. They also own now much known ‘Policybazaar’. The other ownerships are ‘Meritnation’ and ‘MyDala’. However, the one doing buzz lately is ‘99Acres’.
Zomato is one of the most anticipated IPOs of 2021.
Matrimony.com (till recently known as Consim Info Pvt Ltd) claims it has 60 per cent of the estimated Rs 300-crore online matchmaking market. The company runs 15 matrimonial websites under Bharat Matrimony and around 300 websites under Community Matrimony. From a one-man venture almost 15 years ago, the company now has 4,000 employees.
Matchmaking is only a small pie of the huge business opportunity in a conventional Indian marriage. "Around Rs, 8 lakh is spent on an average for a marriage and we were getting only one per cent of it as our revenue. We can get more and there is a huge opportunity lying there," says Janakiraman. Almost 90 per cent of its revenue comes from user subscription fee, which ranges from Rs 3,290 to Rs 50,000 (elite) for three months. It has 2.5 million active members.
MCX-
The Multi Commodity Exchange of India Limited (MCX), India's first listed exchange, is a state-of-the-art, commodity derivatives exchange that facilitates online trading of commodity derivatives transactions, thereby providing a platform for price discovery and risk management.
मार्च के शुरुवाती महीने में निचले स्तरों से उछाल होने के बाद कीमती धातुओं के भाव मे दबाव बढ़ने लगा है। सोने में पिछले दो सप्ताह तक कीमते सकारात्मक रहने के बाद पिछले सप्ताह ऊपरी स्तरों पर दबाव बना और घरेलु वायदा सोने मे 500 रुपय प्रति दस ग्राम की मंदी देखि गई और कीमते 44500 रुपय के स्तरों पर रही। चांदी के भाव में ऊपरी स्तरों से 4900 रुपय प्रति किलो तक की साप्ताहिक मंदी देखि गई, लेकिन इसमें निचले स्तरों से सुधार भी आया और चांदी के भाव सप्ताह मे 2500 रुपय की मंदी रहने के साथ 65000 रुपय प्रति किलो के करीब कारोबार किया।
डॉलर इंडेक्स अपने निचले स्तरों से ऊपर बढ़ने की कोशिश मे दिखाई पड़ता है। जो सोने की कीमतों को आगे भी दबाव मे रख सकता है। बढ़ती हुई ट्रेज़री उपज ने भी सोने की कीमतों पर दबाव बनाया है। पिछले सप्ताह अमेरिका से जारी होने वाले बेरोज़गारी के दावे एक साल के निचले स्तरों पर पहुंच गए है। अमेरिकी तिमाही जीडीपी मे भी बढ़त दर्ज की गई है।
अर्थव्यवस्था मे सुधार से ट्रेज़री उपज में बढ़त होने से निवेशकों का रुझान बॉन्ड निवेश मे बढ़ा है जो डॉलर को सपोर्ट कर रहा है। उभरती अर्थव्यवस्थाओं की मुद्राओं मे रुपया डॉलर की अपेक्षा मजबूत हुआ है और एक साल की उचाई पर पहुंच गया है। सोने मे कस्टम ड्यूटी घटने के बाद, रुपये मे मजबूती आयात को सस्ता बना रहा है जिससे सोने की कीमतों मे दबाव है। सोने मे वर्तमान निचले स्तरों पर ज्वेलर्स की मांग बढ़ने की सम्भावना है।
आगामी सम्भावना
इस सप्ताह सोने के भाव में दबाव बना रह सकता और अप्रैल वायदा सोने मे 43700 रुपये पर सपोर्ट है और 45200 रुपये पर प्रतिरोध है। चांदी में 63500 रुपये पर सपोर्ट तथा 68500 रुपये पर प्रतिरोध है।