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Jeay Sindh Muttahida Mahaz Chairman Shafi Burfat has alleged that Pakistan's military is using Bilawal Bhutto Zardari to push an anti-India agenda, claiming that Bhutto is being offered power in exchange for diplomatic efforts against India. Bhutto may face a fate similar to his family, he warned.
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Market expert Neeraj Dewan suggests long-term investment in the fertilizer sector during periods of low interest and price corrections. He notes a potential turnaround in the QSR segment due to easing inflation and increased demand. While maintaining a positive outlook on OMCs due to strong momentum, Dewan advises caution regarding Eternal due to high competition in quick commerce.
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Gold futures opened lower at MCX, mirroring international trends, while silver also saw a dip. This decline marks a significant fall from gold's peak, though recent volatility has kept prices largely flat. International markets initially rallied on Moody's US credit rating downgrade but retreated amid ceasefire hopes.
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