On Thursday, Wall Street witnessed a positive start. Major indexes like Dow Jones, S&P 500, and Nasdaq Composite showed gains at the opening. This upward movement followed the release of the latest inflation data. The data suggests that the U.S. central bank is likely to proceed with an interest rate cut later this month.

Indian markets are in a time correction phase post-Covid rally, with earnings growth holding the key for the next upmove. Cement and defence emerge as strong sector bets, while IT faces structural challenges. Fed cuts may support markets, though tariff concerns and global risks persist.

Sensex closed higher at 81,548 on Thursday, while six BSE 500 stocks—Zydus Wellness, GMDC, Waaree Energies, Fortis Healthcare, and Indian Bank—hit fresh 52-week highs, signaling bullish momentum and potential upside for investors.

Oracle s shares dipped slightly on Thursday, following a record-breaking surge in the previous session driven by strong gains in the company s AI cloud business.

Oil prices fell on Thursday, pressured by concerns over softening U.S. demand and broad oversupply that offset threats to output from conflict in the Middle East and the Russian war in Ukraine.

Gurmeet Chadha highlighted equity’s power, citing Larry Ellison’s $100 billion one-day wealth surge from Oracle’s stock rally. He advised investors to think long term, stressing that just 10–15 good days can shape an investment journey.

Gold prices hit a fresh lifetime high of Rs 1,13,100 per 10 grams in the national capital on Thursday, advancing by Rs 100 on sustained buying by stockists, according to the All India Sarafa Association.

Nifty extended gains for the sixth session, supported by IT and financial stocks. Analysts see bullish momentum with Nifty above 21EMA. Experts recommend HAL, NLC, BEL, Indraprastha Medical, and Waaree Energies as top stock picks for Thursday.

Morgan Stanley and Nippon India Mutual Fund (MF) are among the investors that bought around 63 lakh shares worth Rs 438 crore of HealthCare Global Enterprises (HCG) from private equity firm CVC Capital Partners through open market transactions, according to the NSE data.

BSE cautions investors against unauthorized investment advice regarding Elegant Floriculture & Agrotech India and Spright Agro scrips disseminated through social media. The exchange warns against entities like Vijay Wealth Advisor and Pankaj Bhardwaj Way2laabh, operating via Telegram, offering investment tips without proper registration.