Muthoot Finance, Manappuram shares rally nearly 5%; what is behind the stock surge?

Gold prices surged more than 3% in the international market on Wednesday, hitting their highest level in over two-and-a-half months after a surprise liquidity support announcement by the US Treasury weakened bond yields and the US dollar.

Aug 20, 2026 - 12:00
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Muthoot Finance, Manappuram shares rally nearly 5%; what is behind the stock surge?
Gold prices surged more than 3% in the international market on Wednesday, hitting their highest level in over two-and-a-half months after a surprise liquidity support announcement by the US Treasury weakened bond yields and the US dollar.

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