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Oil prices fell on Thursday, pressured by concerns over softening U.S. demand and broad oversupply that offset threats to output from conflict in the Middle East and the Russian war in Ukraine.
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Gurmeet Chadha highlighted equity’s power, citing Larry Ellison’s $100 billion one-day wealth surge from Oracle’s stock rally. He advised investors to think long term, stressing that just 10–15 good days can shape an investment journey.
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Gold prices hit a fresh lifetime high of Rs 1,13,100 per 10 grams in the national capital on Thursday, advancing by Rs 100 on sustained buying by stockists, according to the All India Sarafa Association.
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Nifty extended gains for the sixth session, supported by IT and financial stocks. Analysts see bullish momentum with Nifty above 21EMA. Experts recommend HAL, NLC, BEL, Indraprastha Medical, and Waaree Energies as top stock picks for Thursday.
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Indian markets closed higher as Nifty 50 extended its winning streak to seven sessions, ending above 25,000. Gains came on hopes of US-India trade talks, GST cuts, and resilience despite tariff concerns.
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