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Stocks in the defence sector posted strong gains, with Data Patterns rising 14.4% to Rs 1,631, Bharat Dynamics increasing 9.1% to Rs 1,102.25, and Zen Technologies advancing 10% to Rs 1,068.65. Other notable players, such as DCX Systems and Mazagon Dock Shipbuilders, also saw double-digit gains during intra-day trading.
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Specifically, we do not have a stock list ready, like a shopping list per se. We are still observing what has happened in the quarter which has gone by.
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Gold reached a new lifetime high at Rs 86,549 per 10 gram on the MCX, reflecting global trends. Silver also saw gains. Both metals surged due to central bank buying, uncertain U.S. trade policies, and a steady dollar index. The Russia-Ukraine ceasefire talks may limit further gains. Markets are anticipated to remain volatile this week.
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India is not a target, it will just be on the margin, some trade-off in terms of, look, be fair and just do not over-tariff us, but broadly balanced. But, of course, we will have to buy some defence planes, that is a given and that should balance the trade, so that is where I stand.
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Apple iPhone SE 4 Launch Date and Price: Apple's first event of 2025 is taking place this week. It might unveil the new iPhone SE 4. The event will be streamed live on YouTube on February 19 at 10:30 PM IST. Rumors suggest the iPhone SE 4 will feature an A18 chipset, Face ID, and a single rear camera. The expected price is around $500.
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