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Reliance Industries Ltd faces three consecutive quarters of declining profits amid global headwinds and weak downstream chemical performance. While the retail business shows mixed results, the digital segment offers some respite. Analysts predict a modest Q3 profit rise driven by recovery in refining margins and contributions from Jio.

Gold and silver surged following softer-than-expected U.S. inflation data. The U.S. core CPI for December came in at 0.2%, lower than the anticipated 0.3% increase. The U.S. CPI on a yearly basis stood at 2.9%, matching expectations.

And if the last three-year numbers are lower than 10 years and 15 years in INR terms and in dollar terms even more so because that 10% depreciation just happened like in 22 and then another four-five since then. So, it is not a matter of discussion. It is what it is.

Santosh Rao believes the Trump agenda is likely to favor market growth for the next two to three quarters. A positive signal comes with the Gaza ceasefire and promising economic indicators. The market sentiment is optimistic, and potential interest rate cuts are anticipated in the latter half of the year.

The Relative Strength Index of the stock stood at 39.7 on Thursday.

The point is, you always had in between bad years. So, people say that if you do it for five years, it looks very good. You make it seven years, it looks ordinary, because 19 and 20 were very bad. So that is what you cannot just randomly.

The Nifty Auto index was trading 0.55 per cent at 22837.05.

On January 16, five stocks saw long buildup: HDFC Life, Adani Enterprises, Adani Green Energy, IRFC, and HUDCO, with increased open interest and price rises signaling bullish trends.

A total of 58 shares changed hands on the counter till 11:51AM (IST)