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Gold and silver prices opened flat on MCX as investors tracked inflation risks driven by elevated crude oil prices and monitored US-Iran developments. Analysts see consolidation in gold with key support and resistance levels in focus, while silver shows a stable bias, awaiting a breakout for further directional momentum.
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Indian stock markets opened higher on Monday, with Sensex and Nifty gaining significantly as investors assessed state election results. Despite a jump in market volatility, broader markets and key sectors like IT and Realty saw strong gains.
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Warren Buffett has issued a stark warning about the increasing “gambling” culture in financial markets, likening them to a “church with a casino attached.” He cautions that speculative behavior, particularly with ultra-short-term trading instruments, is distorting asset prices and increasing risks for investors.
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Shares of Kotak Mahindra Bank fell despite posting a solid Q4FY26 performance, with net profit rising 13.3% YoY and NII up 8.1%. Asset quality improved, with both gross and net NPAs declining. Despite the positive results, the stock slipped, but Morgan Stanley remains bullish, maintaining an “Overweight” rating
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The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
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