Latest Stock Market News

Global gold plunges toward $4,000 while MCX futures rise 2% amid rupee weakness, festive demand, and safe-haven interest; technical indicators signal a corrective phase, with further downside expected.

On Thursday, Japan s Nikkei index faced a notable decline as investors opted to cash in on profits following a recent surge. The market had earlier benefitted from the optimism surrounding Sanae Takaichi s election as prime minister, but fears regarding US-China trade tensions have dampened the mood.

Gold and silver have corrected sharply after hitting record highs, with prices falling nearly 10% from recent peaks. Experts cite profit booking, seasonal demand tapering, a stronger U.S. dollar, and easing geopolitical tensions as key drivers, while support and resistance levels signal potential further volatility.

Midwest, India’s leading Black Galaxy and Absolute Black granite producer, debuts on exchanges after a 92x oversubscribed IPO. Grey market premium of around 10% signals a modest listing, supported by strong financials, dominant market position, and robust investor demand for premium granite exports.

This is India s decade; poised for a market comeback as global momentum shifts, says Peter McGuirePeter McGuire, CEO of Australia-Trading.com, says India’s market consolidation is nearing its end and expects a rebound soon. While FIIs remain cautious amid tariff tensions and geopolitical uncertainty, he sees renewed momentum ahead. McGuire forecasts gold to hit $5,000, silver $65, and crude to soften after short-term geopolitical spikes.

Dixon Technologies’ shares slipped, extending a four-session 7% drop despite reporting strong Q2 results, including a 72% rise in net profit to Rs 670 crore and 29% revenue growth to Rs 14,855 crore.

In the September quarter, FIIs and promoters reduced stakes in nearly 70 smallcap companies compared to the previous quarter.

Hindustan Unilever shares rose 3% after reporting Q2 FY26 results that beat Street estimates. Consolidated net profit increased 3.6% to Rs 2,685 crore, supported by a one-off tax gain. Revenue grew marginally, EBITDA slightly declined, and the board declared an interim dividend of Rs 19 per share.

Silver is showing a striking divergence between ETFs and physical/futures markets. While silver ETFs, which doubled investor wealth in 2025 just last week, have plunged about 25% from their October 15 peak, MCX silver futures are down only 13%. The sharp ETF losses reflect evaporating premiums, leaving investors who chased the rally facing heavier losses than those holding physical metal or trading futures.

European shares edged higher on Thursday as a wave of positive corporate earnings boosted sentiment, while investors awaited trade developments between the United States and China.