Experts are advising investors to buy when there is fear in the market instead of sitting on the sidelines.
On an average, around 4 per cent of average Indian HNI portfolio is invested in gold.
Besides meeting, ultra-HNIs are also taking an active part in philanthropic activities.
Damodaran said mean reversion works about 90 per cent of the times.
During the quarter, gains from investments and derivative contracts jumped to $20.32 billion.
Volumes for the quarter grew 7 per cent. The figure stood at 10 per cent in preceding quarter.
The three firms have reported Street-beating financial results for March quarter.
Analysts say in the current market rally, a large part is being driven by emotions.
Data on BSE showed total value of shares pledged by promoters stood at Rs 2.25 lakh crore.
Goel's portfolio increased to nearly Rs 970 crore as of April 25 from Rs 815 crore.
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