Gold rate today: Yellow metal's August contracts on the MCX opened at Rs 1,00,453 per 10 grams today.
The Foreign institutional investors (FIIs) extended their selling on second day as they sold equities worth Rs 3,548 crore, while Domestic institutional investors (DIIs) extended their buying on 12th day as they bought equities worth Rs 5,239 crore on the same day.
DBS Bank remains constructive on gold despite the current wave of consolidation. There remains a multitude of long-term tailwinds for gold, Joanne Goh said.
Stocks to Watch, 23 July: One 97 Communications Paytm, Lodha Developers, Oberoi Realty, Kirloskar Ferrous Industries, KEI Industries, JSW Infrastructure, Alpex Solar, Monika Alcobev, and Denta Water and Infra Solutions will be in focus on July 23.
Gold rate today: Yellow metal's August contracts on the MCX opened at Rs 99,300 per 10 grams today.
On July 21, the Foreign institutional investors (FIIs) sold equities worth Rs 1,681 crore, while Domestic institutional investors (DIIs) continued their buying on 11th day as they bought equities worth Rs 3,578 crore on the same day.
The focus on growth will continue to remain strong, and thus the inclination toward rate cuts will continue to remain high, said Naveen Kulkarni of Axis Securities PMS.
Stocks to Watch, 22 July: Stocks like Titan Company, Bajaj Finance, PNB Housing Finance, Oberoi Realty, Havells India, 360 One WAM, Arisinfra Solutions, BL Kashyap and Sons, Afcons Infrastructure, and Lemon Tree Hotels will be in focus on July 22.
The Foreign institutional investors (FIIs) remained net sellers on the second consecutive session on July 18 as they sold equities worth Rs 3,694 crore, while Domestic institutional investors (DIIs) extended their buying on ninth day as they bought equities worth Rs 2,820 crore on the same day.
Average Indian IT companies have traditionally not invested much in R&D and innovations; this could now start negatively impacting their growth prospects, said Siddharth Bothra of Ambit.
Stocks to Watch, 21 July: Stocks like Reliance Industries, HDFC Bank, ICICI Bank, JSW Steel, IDFC First Bank, Dr Reddy's Laboratories, IRCON International, Sona BLW Precision Forgings, Anthem Biosciences, and Spunweb Nonwoven will be in focus on July 21.
The benchmark indices, this week, are expected to be in a consolidative mode amid global trade uncertainty, with focus on update (if any) related to US-India trade deal, and further corporate earnings (which will lead to stock-specific action), according to experts.
Commodity traders will also closely watch China’s Politburo meeting, expected by month-end, for signals on the country’s economic policy trajectory for the rest of the year.
Milan Vaishnav expects Bank Nifty to break 56,000 support. The correct range for Nifty Bank for the coming week would be 57,500 on the higher side where it is likely to find resistance and 55,000 where there is immediate pattern support.
OmniScience has been overweight on the banking sector, said Ashwini Shami.
Nifty on the weekly chart formed a reasonable negative candle this week, which is third consecutive bearish candle formation in the trot. The previous sharp upside breakout of larger range movement of last month has been negated and the market slipped below the crucial support zone of 25000 mark, says Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.
The auto sector is gearing up for a robust second half in FY26, largely driven by boost in disposable incomes across both rural and urban India, said Sanjay Kumar of PNB MetLife.
While the current FII long-short ratio points to a clearly bearish stance by FIIs, the extremely low long-short ratio also suggests that much of the negativity might already be priced in, leaving room for a potential bounce if any positive trigger emerges, said Sudeep Shah of SBI Securities.
Gold rate today: Yellow metal's August contracts on the MCX opened at Rs 97,320 per 10 grams on July 18.
The Foreign institutional investors (FIIs) remained net sellers on the second consecutive session on July 17 as they sold equities worth Rs 3,694 crore, while Domestic institutional investors (DIIs) extended their buying on ninth day as they bought equities worth Rs 2,820 crore on the same day.
Multifaceted bullish case, with drivers spanning monetary, fiscal, and geopolitical domains, suggests that gold is well poised to outperform over the remainder of the financial year, said Rishabh Nahar of Qode Advisors.
Stocks to Watch, 18 July: Stocks like Wipro, Axis Bank, LTIMindtree, Indian Hotels, Lupin, Tracxn Technologies, Capital Small Finance Bank, Veranda Learning Solutions, IndoStar Capital Finance, and Sunteck Realty will be in focus on July 18.
Gold rate today: Yellow metal's August contracts on MCX opened at Rs 97,511 per 10 grams on July 17.
Going ahead, the headline CPI inflation trajectory looks fairly benign and we continue to expect the FY26 inflation trajectory to remain favourable, driven largely by moderating food prices as well as benign commodity prices, said Kotak's Nilesh Shah
Oil prices rose in early trade on Thursday, reversing the previous session's losses, buoyed by stronger-than-expected economic data from the world’s top oil consumers and signs of easing trade tensions.