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India VIX cooled on Thursday after a sharp 52% surge in just two sessions triggered by escalating Middle East tensions. Despite the pullback, volatility remains elevated near 19, prompting experts to advise traders to stay cautious, hedge portfolios and avoid aggressive positions until greater clarity emerges on the Iran–Israel–US conflict.
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China pledged intensified investment in high-tech industries and scientific innovation to bolster economic resilience amid escalating geopolitical tensions. The nation aims for 4.5%-5% growth, prioritizing innovation-driven development and industrial upgrading while addressing structural challenges and subdued domestic demand.
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Crude oil prices are now the key driver for global markets. Emerging market tech stocks are showing early signs of recovery. Gold is approaching a peak. Independent commentator Geoff Dennis believes oil price stability is crucial for broader market gains. Asian markets are showing a tentative bounce. Investors are watching the Middle East situation closely.
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L&T shares rose over 2% after four days of losses as hopes of easing Iran-Israel tensions lifted sentiment. However, Motilal Oswal remains cautious, citing the company’s significant Middle East exposure, risks to EPC execution, and potential valuation pressures from AI disruption in its IT subsidiary.
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Bitcoin has surged past $72,000, driven by renewed institutional interest and significant inflows into US spot Bitcoin ETFs. Major altcoins like Ethereum, BNB, and Solana are also showing strong gains. Analysts suggest this recovery, despite cautious sentiment, could lead to further price increases if key resistance levels are broken. The market is stabilizing after an early-year correction.
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