Positive impactSector
These gold and silver ETFs accounted for 55% of trading turnover during Diwali week
CNBC-TV18 8 hrs ago·12 Nov 2026, 11:26 am
Nippon India Mutual Fund's gold and silver exchange-traded funds (ETFs) dominated trading activity on the National Stock Exchange during the Diwali week. These funds accounted for a significant 55% of the average daily turnover, highlighting their popularity among retail investors during the festive season.
This surge in volume reflects a strong preference for gold and silver as safe-haven assets. For investors, this trend suggests that the current market sentiment is leaning towards capital preservation and hedging against volatility. The high trading activity also indicates that liquidity remains robust in these specific financial instruments.
Investors should watch for any sustained shifts in gold prices and the fund's asset under management. While the current data shows strong demand, market dynamics can change rapidly. Keeping an eye on global economic cues will be essential for understanding the future performance of these precious metal ETFs.
Excerpt from CNBC-TV18
Published On Nov 12, 2026 | 16:56 IST Last Updated On Nov 12, 2026 | 16:56 IST Nippon India Mutual Fund's Gold and Silver ETFs drove 55% of the average daily turnover on the NSE during the Diwali period, recording a combined ₹806 crore. Nippon India Mutual Fund's Gold and Silver exchange-traded funds (ETFs) together…Read the original at CNBC-TV18
Key takeaways
- Category: Sector.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
