SIP Formula to Achieve Millionaire Status: How to Accumulate Large Capital Through Regular Investments

This evening, the US Federal Reserve will announce its decision regarding interest rates. Global investors are closely watching this announcement, especially gold and silver buyers who have been waiting for this moment. Due to this, gold and silver traded in a narrow price range on Wednesday.

In the international market, December gold futures traded at $4058.85 per ounce, down 0.39%, while December silver futures were at $54.145 per ounce, falling by 0.67%.

In the domestic MCX market, December gold futures stood at 143,708 rupees per 10 grams, showing a decrease of 0.30% (1122 rupees), and December silver futures reached 195,601 rupees per kilogram, declining by 0.57%.

According to independent analyst Anuja Gupta, gold and silver are showing sideways movement as the market awaits the decision on US Federal Reserve policy and guidance on interest rate forecasts. Gupta noted that trading is occurring in a very narrow range as investors await the results of the FOMC meeting. Gold remains above the $4000 per ounce mark, and silver holds above the $52-$53 per ounce zone.

Anuja Gupta also indicated that events related to the conflict in Iran contributed to the recent stability in precious metal prices. Expectations of reduced tension and a slowdown in crude oil price growth have partially reduced the uncertainty affecting market sentiment.

The next key factor that could cause significant changes is the Fed's decision and its commentary on future interest rates. If the Fed keeps rates unchanged, it could provide strong support to gold and silver; however, an increase in interest rates could lead to a sharp drop in gold and silver prices.

Gupta identified important support levels for international gold as $4020 and $3980 per ounce, with resistance levels at $4070 and $4100. On the MCX exchange, support for gold is set at 143,500 rupees per 10 grams, and resistance is at 146,000 rupees. If the level below 143,000 rupees breaks, the price could fall to 142,000 rupees, and lower, to 140,000 rupees.

For international silver, the critical support level is $52 per ounce, while resistance is at $56. On MCX, support for silver is 192,000 rupees per kilogram, and resistance is 203,000 rupees. Gupta predicts mixed dynamics for gold and silver, suggesting that prices may face hurdles at upper levels. The final direction of both metals will depend on both the Fed's decisions and its comments.

There are many stocks in the stock market that bring huge profits to their investors. Some of these multibagger stocks have enriched long-term investors, while others have become real money machines for investors in a very short time.

One such little-known asset is the stock of JTL Defence, which belongs to the defense sector. In one year, the price of this stock has grown from 7 rupees to over 570 rupees.

The price indicators of JTL Defence stock allow for an easy assessment of how profitable this asset has been for investors. Just a year ago, on October 27, 2025, the value of one JTL share traded for only 7.14 rupees. However, on the last working day of last week, despite hitting the lower price level, it closed at 583.10 rupees, and on Monday it opened and dropped to 571 rupees. The maximum price of the stock over the last 52 weeks reached 924 rupees.

Based on the changes in the price of JTL Defence stock over the year, investors achieved an impressive multiple return of 8066 percent. If an investor had invested 100 thousand rupees in the company's shares at a price of 7 rupees and held that position, their funds would have increased to 8,166,000 rupees.

The company belongs to the small-cap segment, and its market capitalization is 613.79 crore rupees. Nevertheless, the stock proved capable of making investors wealthy. In just six months, the price of JTL Defence stock grew by 151 percent, meaning that investors' invested funds more than doubled during this period.

It should be noted that JTL Defence Limited was previously known as RCI Industries & Technologies Limited. The company changed its name in April of this year. JTL Defence Limited is engaged in the production of products made from copper, brass, and other special metals. This product is used in the defense, electrical, automotive, electronic, and industrial sectors.

Although it is impossible to predict which stock on the stock market will bring significant profit to investors, there are numerous examples of such success. One such example is the shares of HFCL Limited, which became a multibagger stock for its investors in 2026, providing them with substantial returns.

Currently, brokers are optimistic about this stock, expecting the HFCL Share Price to grow by 53%.

HDCL Ltd is an Indian technology company engaged in the design, development, and manufacturing of telecommunication equipment, fiber optic cables, and other related electronic equipment. The company's shares are listed on both the Bombay Stock Exchange and the National Stock Exchange. As of the last trading day on Monday, the HFCL Share Price closed at 268.81 rupees, and the company's market capitalization is 41130 crore rupees.

HFCL shares proved to be a multibagger instrument for investors in 2026. This is evidenced by the return received by investors. Specifically, on the last working day of last year, December 31, 2025, the HFCL Share Price was 67.79 rupees, and currently, it has yielded a return of 296.53% for investors.

Nuvama Institutional Equities expressed confidence in HFCL Limited and raised its target price from the previous 380 rupees to 410 rupees. Compared to the current price, the broker sees potential for this multibagger asset to grow by 53 percent.

The brokerage firm Nuvama not only expressed confidence in HFCL shares by significantly increasing the target price but also advised investors to purchase these shares and include them in their portfolio. Nuvama confirmed its 'Buy' rating for HFCL, citing HFCL's excellent second-quarter results as well as a positive outlook.

The broker noted that the company's record quarterly performance, high revenue forecasts, growing orders, strong cash flow, and improved working capital position were the reasons for raising the initial target price. In the second quarter of the 2027 fiscal year, HFCL's revenue grew by 144% compared to the previous year, and EBITDA demonstrated a year-on-year growth of 231%.