Precious metals suffered a brutal selloff on Thursday, with silver plunging nearly 17% in Asian trade and Indian ETFs collapsing up to 21% as a stronger dollar and easing geopolitical tensions shattered the months-long rally. Gold prices also tumbled, leaving investors debating whether the correction signals opportunity or deeper trouble.Read More

Sahil Kapoor, who correctly predicted the 2022 silver rally, now warns investors to reconsider gold and silver positions. Valuations have reached fair value or are overvalued, with a shift from stable central bank and jewelry demand to volatile momentum buyers. Kapoor advises against new long positions and suggests rebalancing overweight holdings.Read More

Asian markets experienced a significant downturn on Thursday. Investors are worried about the escalating costs of Artificial Intelligence investments, leading to a shift away from technology stocks. A sharp decline in silver prices also impacted leveraged positions. This sentiment affected major indices across the Asia-Pacific region, with South Korea’s KOSPI seeing a notable drop.Read More

India’s IT sector faces AI disruption, prompting caution from analysts. Meanwhile, textiles are surging on trade deal hopes, autos show sustained growth driven by government support, and infrastructure offers compelling value. Investors are advised to wait for clarity in IT, be selective in autos, and watch textiles closely for better entry points.Read More

Devyani International shares surged after Jefferies upgraded its rating to ‘Buy’, citing a 17% correction and a target price implying 25% upside. The company announced Manish Dawar’s promotion to CEO, ensuring leadership continuity. Despite mixed Q3 results, with KFC India improving sequentially and Pizza Hut India declining, the company added 95 net new stores.Read More

Chip maker Qualcomm anticipates lower revenue and profit. A global memory chip shortage is affecting smartphone sales. This shortage is expected to continue for several quarters. Qualcomm’s smartphone chip sales are projected to decrease. However, its data center business remains unaffected. The company is expanding into new areas to diversify.Read More

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Gold and silver futures saw a sharp decline on MCX Thursday. This followed news of upcoming U.S.-Iran talks in Oman, reducing demand for safe-haven assets. Experts suggest continued volatility for gold and silver. Trading recommendations are provided for both commodities on MCX. Physical gold prices in major Indian cities are also reported.Read More

Tata Power reported mixed Q3 FY26 results, with profit after tax rising 1% to Rs 1,194 crore, while revenue declined 4% year-on-year. The company achieved a significant milestone, exceeding 10 GW in cumulative renewable EPC execution. Its renewables business saw substantial PAT growth of 156%, driven by strong performance in solar manufacturing and rooftop installations.Read More

Brokerages are selectively optimistic about select infrastructure, consumer, industrial, and hospitality stocks. Adani Ports, Varun Beverages, Exide Industries, Pidilite Industries, and Ventive Hospitality are among those with potential for significant returns. These recommendations suggest meaningful upside from current market prices. Investors can consider these stocks for long-term growth.Read More