Opec+ is unwinding cuts, restoring 2.72 million barrels per day by November, with Iraq adding 500 thousand barrels per day via Kurdish pipelines, worsening a 0.5 million barrels per day surplus
We saw the first sign long buildup on Thursday. This is indicated by an increase in Open Interest (OI) by 1 per cent, with a 0.3 per cent rise in the price
As gold is in an unchartered territory, it is difficult to forecast prices; however, a breach of $4,300 level will open a way to $4,500 (MCX December contract ₹1,36,000) a - a psychological resistance
London market tightness is expected to ease as silver starts flowing from New York. However, demand remains quite strong as reflected by huge ETF inflows
Stocks to buy: Ajit Mishra of Religare Broking recommends buying Cholamandalam Investment, Tata Power and L&T; also suggests Nifty trading strategy
Stocks to buy today: Ruchit Jain on Motilal Oswal recommends buying Cholamandalam Investment, SBI Life and HAL; here's why
Vinay Rajani of HDFC Securities has recommended buying shares of TD Power and Torrent Power; here's why
Chandan Taparia of Motilal Oswal recommends buying KEI Industries, Sammaan Capital and Samvardhana Motherson, decodes Nifty strategy
The decline reflects a US-led trade war, exacerbating oversupply amid Opec+'s 2.72 mb/d restoration and a 0.5 mb/d surplus
Union Bank of India (UBI), the fifth-largest public sector bank in India with a global business mix of ₹22.1 trillion as of Q1FY26, continues to demonstrate strong operational stability
Motilal Oswal Financial Services Research desk suggests buying Kirloskar Oil Engines and Cummins India; here's why
Analyst at Bonanza recommends IGL, Uno Minda, Petronet LNG to buy today; here's why
Stocks to buy today: ICICI BANK has experienced a significant correction, dropping below its short-term EMA and entering oversold territory
Hero MotoCorp (HMCL) reported a strong start to the festive season with robust traction across dealerships and expects record festive sales.
Nifty remains in a downtrend as it has been trading below all key moving averages. Supports for the Nifty are seen at 24540 and 24400.
Polycab has established itself as a clear leader in the domestic organised C&W market with ~26-27 per cent share, up from ~18-19 per cent in FY20.
Gold may correct lower on a firmer Dollar as Fed largely remains cautious on rate cuts going forward. However, downside is expected to be limited
Kunal Kamble, senior technical research analyst at Bonanza, has recommended buying shares of Syrma SGS Technology, Deepak Fertilisers, and Apollo Tyres today
Looking ahead, a temporary breather cannot be ruled out, with immediate support placed around 24,900-25,000
NTPC, Amber Enterprises, and Tata Consumer are the top picks of Ruchit Jain, head of equity technical research, wealth management, Motilal Oswal Financial Services