"hdfc-securities"

Accordingly, HDFC Securities, expects banks to remain selective in restructuring stressed assets.

In the current unlock phase, the pent-up demand is lukewarm (unlike last year) as customer sentiment has been partially impacted by higher fuel prices, said HDFC Securities.

Notably, the trend might lead to value correction, this in theory, can trigger another bull run.

Silver also jumped Rs 251 to Rs 69,035 per kg, from Rs 68,784 per kg in the previous trade.

HDFC Securities has maintained a positive outlook for the industry.

Accordingly, the personal loan segment witnessed further improvement in growth at 12.6 per cent YoY, after hitting a 10-year low of 9.1 per cent YoY in January.

In the previous trade, the precious metal had closed at Rs 47,273 per 10 gram.

Natural gas production in 2019-20 was 85 mmscmd, which is estimated to have fallen to 80 mmscmd in the following year, HDFC Securities said in a report.

In the previous trade, the precious metal had closed at Rs 46,127 per 10 gram.

In the international market, gold was quoting lower at USD 1,727 per ounce and silver was flat at USD 24.78 per ounce.