Silver rate today: While domestic prices increased, silver futures dropped in trade.
Gold rate today: Gold futures on MCX with December expiry were down 0.11% (Rs 138) to Rs 1,23,071 per 10 grams.
The central bank has built up short dollar positions of at least $15 billion in the non-deliverable forwards market over the past two to three weeks
The current equity market rally is largely driven by expectations of an earnings recovery and the anticipated benefits of policy actions starting to flow through in the second half of the year, Gautam Duggad said
Gold dipped after peaking at an all-time high above $4,000 an ounce on Wednesday, following a torrid rally that’s left prices vulnerable to pullbacks amid signs that the precious metal is trading at overheated levels.
Stocks to watch, 09 October: Stocks like Prestige Estates Projects, Senco Gold, Container Corporation of India, Saatvik Green Energy, G R Infraprojects, Garuda Construction and Engineering ,Lupin, Escorts Kubota, EPL, Coal India, and IRCON International will be in focus on October 09.
The earnings downgrade cycle hasn’t fully concluded, but the worst may be behind as Q1 FY26 results demonstrated surprising resilience, said Himanshu Kohli of Client Associates.
Silver rate today: Silver futures with December expiry on MCX hit an all-time high level of Rs 1,48,724 per kilogram today.
Gold rate today: Gold futures on MCX with December expiry hit an all-time high level of Rs 1,22,780 per 10 grams today.
Analysts however advise caution, suggesting that investors may resort to profit booking at these elevated levels, resulting in some consolidation in short-term.
FIIs turned net buyers on October 7 as they purchased equities of Rs 1,440 crore, while DIIs bought equities of Rs 452 crore on the same day
Stocks to Watch, 08 October: Stocks like Titan Company, Godrej Consumer Products, Keystone Realtors, Lodha Developers, Tata Motors, Shringar House of Mangalsutra, Saatvik Green Energy, Anant Raj, Container Corporation of India, Lloyds Metals and Energy, and IRB Infrastructure Developers will be in focus on October 08.
Gold rate today: Let's check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country on October 7.
Gold raced to log a record high in early Asia hours trading on Tuesday
Harsh Gahlaut of FinEdge believess from the next quarter onwards, the trend is likely to shift towards earnings upgrades rather than downgrades.
Stocks to Watch, 07 October: Stocks like Bank of India, Metropolis Healthcare, Dilip Buildcon, LTIMindtree, Brigade Enterprises, Zydus Lifesciences, Coal India, Aster DM Healthcare, Reliance Industries, Bharti Airtel, and Aditya Birla Lifestyle Brands will be in focus on October 7.
Gold rate today: Check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country on October 6.
After experiencing a decline for two consecutive weeks, the Nifty has managed to recover without dipping back to the 24,400 mark. The bears were unable to execute a breakdown, signalling a gradual strengthening in the stock market
Gold surged past $3,900 an ounce for the first time in early Asian trade on Monday, as safe-haven demand from a US government shutdown added to the momentum from expectations of more Federal Reserve rate cuts.
Abhishek Banerjee of Lotusdew Wealth is quite bullish on formalization of economy which can be seen as increased GST collection even after GST tax cuts as well as increasing EPFO contributions.
Stocks to Watch, 06 October: Stocks like HDFC Bank, Bajaj Finance, IndusInd Bank, Aditya Birla Lifestyle Brands, Lupin, Infosys, Ceigall India, Sobha, Kotak Mahindra Bank, Pace Digitek, Yes Bank, Ujjivan Small Finance Bank, and Canara Bank will be in focus on October 06.
The quarterly earnings season for Q2FY26 is set to kick off by the IT leader Tata Consultancy Services next week on October 9
The delay in the India-US trade deal presents significant threats to Indian equity markets that could potentially undermine the anticipated earnings recovery, Robin Arya of GoalFi said.
Most importantly, with no weekend votes expected, the Senate's failure to pass funding bills on Friday means the shutdown will enter its sixth day on Monday. The ongoing data blackout, including the non-release of the official jobs report, clouds the Fed’s monetary policy outlook.
The zone of 25,050–25,100 will act as a crucial resistance area for the Nifty 50, as it coincides with the 61.8 percent Fibonacci retracement of the recent decline, said Sudeep Shah of SBI Securities.