Gold loan stocks slide as precious metal drops another ₹13,500 per 10g; Muthoot, Manappuram down up to 8%
Gold loan NBFC stocks came under severe selling pressure during a special trading session on February 1, with Muthoot Finance and Manappuram Finance falling 7.6% and 6%, respectively. Both stocks have remained under pressure in recent sessions. Muthoot Finance has corrected 10.5% over the last three trading sessions, while Manappuram Finance has declined by a…