Holiday
Our offices are closed for Thanksgiving holiday. Some financial markets are closed. The stock market will be open for half day. Typically, Morning Capsule is not published on holidays.
This abbreviated Morning Capsule is being published only because the information is urgent and many investors need to know it.
Limits On Gold Holdings
There are indications from our sources that government in India is considering imposing limits on gold holdings by individuals.
In its war against black money, in theory, such a limit makes a lot of sense.