Gold and silver have corrected sharply after hitting record highs, with prices falling nearly 10% from recent peaks. Experts cite profit booking, seasonal demand tapering, a stronger U.S. dollar, and easing geopolitical tensions as key drivers, while support and resistance levels signal potential further volatility.Read More

On Thursday, Japan’s Nikkei index faced a notable decline as investors opted to cash in on profits following a recent surge. The market had earlier benefitted from the optimism surrounding Sanae Takaichi’s election as prime minister, but fears regarding US-China trade tensions have dampened the mood.Read More

Foreign institutional investor selling in India appears to have ended. Samir Arora of Helios Capital indicates flows are stabilizing and may turn positive. India’s investment appeal is rising, with potential for FIIs to return. Financials and IT sectors are noted, with a cautious view on global growth. Arora also shares insights on his investment strategy.Read More

India’s capital markets rallied, with Nifty 50 near record highs. BSE, Angel One surged as FIIs reversed outflows. Optimism fueled by trade talks, festive demand, policy support, and strong fundamentals.Read More

Samir Arora of Helios Capital is bullish on India’s equity markets, anticipating FII return as global allocations shift from the U.S. He notes U.S. market volatility and global diversification create opportunities for India, which has stable fundamentals. Arora expects steady market gains of 10-15%, aligning with corporate earnings, and views gold as a limited hedge.Read More

Ace investor Mukul Mahavir Agrawal has bought a 1.5% stake in Protean eGov Technologies, a Ramesh Damani-backed firm. Despite the stock’s 42% YTD decline, investor interest is reviving as Protean secures new contracts, including a Rs 1,160 crore UIDAI project, and expands India’s digital infrastructure footprint.Read More

Global gold plunges toward $4,000 while MCX futures rise 2% amid rupee weakness, festive demand, and safe-haven interest; technical indicators signal a corrective phase, with further downside expected.Read More

Following the festive break, the market for Indian government bonds took a hit, propelled by a lack of robust buying pressure that skewed the supply-demand equation. The yield on the benchmark 10-year bond increased, attributed partly to profit-taking by state-owned banks. Simultaneously, the stable yield of U.S. Treasuries cast a shadow over Indian bonds.Read More

Cryptocurrency markets experienced a downturn for the seventh consecutive day, with Bitcoin and Ethereum slipping amid macro uncertainty and bearish derivatives activity. Traders trimmed risk ahead of U.S. inflation data, while a major Bitcoin holder’s exchange deposit and increased short positions signaled caution. Despite a strong start to October, a rally fizzled after U.S.Read More

Gold fell for a third consecutive day, approaching $4,000 an ounce, as investors reacted to an overheated market following record rallies. Spot gold dropped 0.5% on Thursday, driven by a technical reset and the largest single-day ETF outflow in five months. Geopolitical tensions and hopes for a US-China trade deal also weighed on the safe-haven...Read More