Market Bizzz

Gold and silver are expected to stay supported in the coming months, driven by central bank demand, a weakening dollar, and supply constraints. Kotak AMC’s Nilesh Shah highlights that these factors, alongside festival-driven premiums, make precious metals a key hedge and long-term portfolio diversifier.

SIP inflows stayed robust despite flat Nifty returns, reflecting disciplined retail investing. Gold ETFs and multi-asset funds saw strong gains, while smallcap inflows moderated and midcap funds attracted steady investments amid valuation caution.

U.S. stocks tumbled Friday as President Trump threatened a massive tariff increase on China, citing trade hostility and restrictions on rare earth exports. This escalation of trade tensions between the two largest economies led to widespread market drops, with the S&P 500 falling 1.5% and the Dow Jones Industrial Average down 456 points.

Zerodha CEO Nithin Kamath revealed that the firm’s youngest account holder is a 64-day-old infant. Sharing a video of parents investing for their children, Kamath emphasized early financial literacy and long-term wealth building through minor accounts.

CAMS board approved a 1:5 stock split, its first since May 2021, aiming to increase share liquidity without affecting market capitalization amid past volatility.

Six F&O stocks, including MCX, SAIL, and UNO Minda, witnessed a sharp rise in futures open interest on October 9, signaling fresh build-up of positions and heightened trader participation in the derivatives segment.

Five Nifty200 stocks, including Hindustan Zinc, Motilal Oswal Financial Services, and Sona BLW, formed a bullish White Marubozu pattern on October 9, signaling strong buying momentum and potential upward movement.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

Tata Consultancy Services announces its Q2 results today. Investors anticipate subdued growth and minimal margin changes. The company navigates challenges including employee separation, wage adjustments, and uncertain US demand. Key factors to watch include the impact of layoffs, US market outlook, revenue growth, and margin performance. Mega deals and vertical performance are also under scrutiny.