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Gold prices surged 1.2% to Rs 1,11,190 per 10 gm, hitting record highs amid Navratri demand, Fed rate cuts, and Trumps visa policy row. Silver outperformed with a 52% rally in 2025.
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Trumps $100,000 H-1B fee will make sending Indian IT engineers to the US costly, hitting firms like Infosys, TCS, and Hexaware, which rely heavily on H-1B employees for US revenue.
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Adani Green Energy's shares surged following SEBI's clearance regarding Hindenburg Research's allegations, boosting investor confidence. Jefferies raised the target price to Rs 1,300, citing significant upside potential and projecting substantial capacity additions. Supported by promoter infusion and long-term power purchase agreements, the company anticipates improved financial metrics and strong EBITDA growth, despite potential risks like execution delays.
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