Reliance Infrastructure surged 5% to hit the upper circuit for the second consecutive session, extending its rebound after a sharp six-day decline. Despite the recovery, the stock remains under pressuredown 27% in a month and nearly 60% from its 52-week highwhile technical indicators continue to signal broader weakness.
Gold and silver prices opened lower due to profit booking and market volatility, even as expectations of December Fed rate cuts and a weaker dollar provided support. Gold February futures on MCX fell 0.41% to 1,27,248 per 10 grams, while silver March futures dropped 0.36% to 1,64,349 per kg.
This is the time of year when I typically offer financial planning advice to those who have the flexibility to make charitable gifts or plan ahead for taxes. But this year, more than ever, I am acutely aware of the millions of people to whom that advice doesnt apply.
The Indian rupee experienced a slight dip, trading at 89.24 against the US dollar on Thursday due to increased importer demand. However, foreign capital inflows into the stock market and a fall in crude oil prices provided some support. Domestic equity markets saw a positive start, with both Sensex and Nifty registering gains in early trade.
Sterling and Wilson Renewable Energy shares saw a significant jump on Thursday. The company announced it secured a major international project in South Africa. This new contract is for a 240 MW AC Solar PV project valued at approximately $147 million. This win strengthens the company's position in the growing South African solar market.
The incident occurred when the train, which was testing seismic equipment, struck the workers, who had entered the track at a curved section inside the Luoyang Town Railway Station in the city of Kunming.
Axis Mutual Fund's Jayesh Sundar outlines a calibrated contrarian roadmap for 2026, identifying IT, FMCG, and select export plays as key opportunities. He emphasizes a comprehensive asset allocation framework, factoring in macro and micro variables, and sees potential upside as earnings visibility strengthens and global conditions stabilize.
The policy, according to U.S. Secretary of State Marco Rubio, will restrict U.S. visas for Central American nationals, and their immediate family members, who "are intentionally acting on behalf of the Chinese Communist Party and threatening our region's stability."
