Gujarat Energy today announced the signing of a long-term Sales and Purchase Agreement (SPA) with Abu Dhabi National Oil Company (ADNOC), for procuring Liquefied Natural Gas (LNG) from the international gas portfolio of XRG, ADNOC's international investment company. The agreement marks the first purchase of molecules from XRG's international portfolio.
Under the agreement, Gujarat Energy will receive up to 4.0 million tonnes of LNG over ten years, starting in 2028. The agreement is ADNOC's fifth LNG supply agreement in India.
Shoonya, the multi-asset investment and trading platform by Finvasia, is set to expand its investment offerings with the launch of corporate bonds, giving investors another avenue to diversify their fixed-income portfolios beyond traditional investment options. Investors will be able to browse, compare and invest in corporate bonds across various issuers on Shoonya.
The launch follows the Exchange's grant of Online Bond Platform Provider (OBPP) approval to Shoonya, effective 22 October 2026. The approval marks an important step in the platform's expansion into the digital bond investment space, enabling it to facilitate access to eligible corporate bond offerings through its online platform.
Ravi Singh, Chief Research Officer from Master Capital Services
Muhurat trading should be approached with a quality-first, long-term investment strategy rather than short-term speculation. Investors can use this auspicious session to accumulate fundamentally strong companies with healthy earnings visibility and reasonable valuations.
Aurobindo Pharma, Balkrishna Industries and Mahindra & Mahindra are among the stocks worth considering, with potential upside of 13%, 14% and 25%, respectively, over the next 12 months. Positive momentum could extend into Muhurat trading, supported by the recent market recovery and improving investor sentiment. However, the one-hour session is often driven by sentiment and relatively limited participation, so a positive close should not be interpreted as confirmation of a sustained rally. Investors should avoid chasing sharp intraday moves, use limit orders and deploy capital gradually. The focus should remain on quality businesses and long-term wealth creation rather than treating Muhurat trading as an opportunity for aggressive short-term bets.
Gaurav Garg, Head - Research, Lemonn
Gold and silver are witnessing profit-booking after their recent recovery, with gold retreating from the $4,120 zone and moving closer to the $4,000 psychological level. The weakness comes as investors reassess US interest-rate expectations and reduce exposure ahead of fresh US economic data. Silver is also declining, although its relatively smaller fall indicates better near-term resilience than gold. Meanwhile, today's Dhanteras buying activity in India could support physical demand, but it may not be sufficient to offset weakness in international prices.
WTI crude is holding around $92 as markets reassess the geopolitical risk premium following expectations that the US midterm election outcome could constrain further escalation of the Iran conflict. The prospect of improved oil supply through the Strait of Hormuz remains a factor influencing prices, although any fresh disruption could quickly change sentiment. The rupee has strengthened towards Rs 94.13 per dollar, supported by renewed foreign portfolio inflows and lower crude prices. Foreign investors reportedly bought around $1.6 billion in Indian equities on Thursday, providing meaningful support to the currency.
Aimtron Electronics Limited, an electronics design and manufacturing company, reported an 83.32% year-on-year increase in consolidated revenue from operations to Rs.224.71 crore for the first half of FY27, compared with Rs.122.58 crore in the corresponding period last year. The company's net profit rose 71.48% to Rs. 34.79 crore from Rs.20.29 crore in H1 FY26, supported by customer demand, execution of existing programmes and growing business traction across domestic and international markets.
Aimtron's consolidated unexecuted order book stood at Rs. 733.27 crore as of September 30, 2026, with demand spread across several electronics manufacturing segments. Telecom and network security accounted for the largest share at 26%, followed by power at 24%, IoT, robotics and drones at 20%, and industrial electronics at 10%. The remaining orders came from automotive and battery management systems, ruggedised electronics, battery energy storage systems (BESS), medical technology and other segments. Domestic business accounted for 78% of the order book, while exports contributed 22%.
Purvang Mashru, Lead Analyst, BitDelta India
Bitcoin fell 5.51% to about $75,949, while Ethereum declined 7.64% to $2,230. Nine of the top 10 cryptos moved lower. Solana fell 6.14% and XRP lost 6.66%, showing that the reversal extended well beyond Bitcoin.
Liquidations help explain the speed of the move. Bitcoin, Ether and Solana perpetuals recorded $283.18 million in liquidations over the 24 hours to the morning of 6 November. About 92% came from positions that lose value when prices fall. These closures can add selling as collateral runs short, though they do not identify what started the decline.
Solana accounted for $24.38 million of the total. The overlap of falling prices and forced closures points to pressure beyond Bitcoin. The amounts represent contract value closed, not cash losses.
US spot Bitcoin ETFs took in a net $74.6 million on 4 November, after $514.2 million in combined net outflows on 2 and 3 November. Fidelity's FBTC drew $236.7 million on 4 November, while BlackRock's IBIT saw $201.2 million in outflows. Across the three sessions, the funds still recorded $439.6 million in net outflows.
Bitcoin's support reference is near the observed $75,084 low, with resistance around the $80,838 high. The next scheduled macro release is the US October employment report on 6 November at 7:00 PM IST. The small recovery from the low offers some respite, but it has yet to reverse the broader pressure.
Vinit Bolinjkar - Head of Research - Ventura
"The Democrats' sweep of both chambers of Congress could be a near-term positive for Indian equities, as checks on abrupt US policy changes improve risk sentiment. The clearest opportunity is lower oil: Brent's 8.7% decline on November 4, amid hopes of easing Iran tensions, should support fuel- and crude-linked cost structures at IndiGo, Asian Paints and CEAT, while potentially aiding BPCL and HPCL's marketing margins. Conversely, sustained lower oil prices could weaken realisations for ONGC and Oil India. Softer US yields and a weaker dollar may also support the rupee and foreign portfolio flows. However, tariffs and immigration restrictions remain partly within presidential authority, so export-oriented textiles and IT services companies such as TCS and Infosys cannot assume immediate relief. Pharmaceutical exporters also face US pricing-policy uncertainty. We favour selective domestic cost beneficiaries over a blanket election-driven rally, with crude prices and policy follow-through the key variables."
Abhishek Bhilwaria, Partner, Bhilwaria Finserv
On this Dhanteras, investors can approach wealth creation through a diversified investment strategy, balancing traditional gold purchases with long-term market opportunities. With gold prices undergoing a short-term correction and equity markets consolidating, the occasion offers an opportunity to review asset allocation and consider investments across asset classes.
For investors looking to include gold in their portfolios without incurring the additional costs associated with physical purchases, Gold ETFs offer a relatively cost-efficient and liquid alternative. These instruments track domestic gold prices and can be purchased through a demat account. Investors can also consider Multi-Asset Allocation Funds, which provide exposure to equities, debt and gold within a single investment vehicle, allowing fund managers to manage allocation across asset classes.
For the equity component, investors can explore Flexi-Cap or Large & Mid-Cap Mutual Funds, depending on their risk appetite, investment horizon and existing portfolio exposure. Those looking to reduce the impact of market volatility may consider staggered investments through Systematic Investment Plans (SIPs) rather than committing their entire investment amount at once.
The broader takeaway this Dhanteras is to look beyond a one-day purchase and use the occasion to build a disciplined investment habit. A well-diversified portfolio, aligned with individual financial goals and risk tolerance, can help investors turn the festive tradition of wealth accumulation into a long-term financial strategy.
Riya Sehgal, Research Analyst, Delta Exchange
Bitcoin's failure to sustain its recovery above $80,000 has reinforced bearish momentum, with the latest selloff highlighting crypto's growing sensitivity to US equity markets. BTC declined nearly 6% to approximately $75,200, while Ethereum fell almost 8% toward $2,200.
The reversal followed a sharp decline in US equities, erasing post-midterm election gains. The Nasdaq plunged 5.52% and the S&P 500 lost 4.36%, as investors reassessed AI valuations, technology spending and potential policy changes following the Democratic congressional victory.
The selloff was amplified by leveraged positioning, with 24-hour crypto liquidations reaching $1.18 billion, including $1.04 billion in long positions. Bitcoin's volatility index also surged above 42 before easing toward 40, indicating elevated volatility expectations.
Technically, Bitcoin has fallen below all four major EMAs on the four-hour chart, with the $75,000-$75,733 region, including its 50-week SMA, emerging as critical support. A recovery above $77,950-$78,450 could improve short-term momentum. Ethereum remains below its key moving averages, with support near $2,200 and resistance at $2,310-$2,340.
Attention now shifts to today's US Non-Farm Payrolls report, scheduled for 7:00 PM IST. Employment figures could influence Federal Reserve rate expectations and trigger further volatility across crypto and equities.
Looking ahead, BTC holding $75,000 and ETH defending $2,200 will be crucial. A breakdown could extend the correction, while stabilizing US equities, easing liquidation pressure and softer employment data could support a recovery.
Vikram Subburaj, CEO, Giottus.com
Bitcoin and the broader crypto market are facing renewed selling pressure as investors reassess risk following a sharp sell-off in global equities. Bitcoin was quoted at Rs.72,00,744, down 4.56% in an early November 6 snapshot. Altcoins followed the decline. Ethereum traded at Rs.2,13,094, down 6.16%. BNB stood at Rs.65,359, down 2.98%, XRP at Rs.117, down 4.26%, and Solana at Rs.8,499, down 4.67%. TRON was relatively resilient at Rs.30.01, down 0.49%.
The pressure extends beyond crypto. On November 5, the S&P 500 fell 4.4% and the Nasdaq dropped 5.5%. Gold rose 1% to $4,100 an ounce as the dollar and Treasury yields weakened. Markets are also weighing a possible December Fed rate hike, with Reuters reporting a 66.1% probability.
Our advice: Avoid chasing rebounds. Stagger investments, keep position sizes modest and watch Bitcoin's $75,000 support level, ETF flows and US economic data before taking fresh exposure.
Avinash Shekhar, Co-Founder & CEO, Pi42
"The cryptocurrency market witnessed a sharp correction as Bitcoin slipped below $76,000, declining over 5%, while Ethereum fell nearly 8% to around $2,237 and XRP dropped to approximately $1.21. The sell-off was driven by weakness in US technology stocks, sustained ETF outflows and widespread liquidations exceeding $1 billion across the crypto market. Ethereum faced additional pressure from seven consecutive days of ETF outflows, reflecting cautious institutional sentiment. Bitcoin's inability to sustain momentum above $80,000 has further weighed on market confidence, with the $75,000 to $76,000 range emerging as a crucial support zone.
In the near term, market direction will depend on whether Bitcoin can hold these support levels and whether institutional inflows begin to stabilise. While the correction has created uncertainty, such phases also provide opportunities for investors to reassess their positions and identify potential entry points. Investors should avoid impulsive decisions driven by short-term price movements, maintain disciplined capital allocation and closely monitor global economic developments. For active traders, managing leverage, tracking key technical levels and adopting well-defined trading strategies will be essential as the market navigates heightened volatility."
Akshat Siddhant, Lead Quant Analyst, Mudrex
Gold is trading near $4,090/oz (approximately Rs 1.24 lakh per 10g), on track for a weekly gain of over 5%, its strongest since August. Lower oil prices and Treasury yields have eased inflation concerns, supporting bullion, although prices retreated after touching $4,135 on Thursday. Silver is steady near $52/oz (approximately Rs 1.58 lakh per kg). WTI crude rebounded 2.7% to $90.52/barrel following fresh tanker attacks in the Gulf, but remains down over 12% this week. The rupee gained 5 paise to Rs 94.41/$, aided by foreign equity inflows. In India, bullion prices also reflect rupee movements, import duties, taxes and domestic demand.
Daily quote from Mudrex
Bitcoin has slipped back to around $76,000, erasing its post-election gains after a 6% decline on Thursday as weakness in US technology and AI stocks spilled into crypto markets. The Nasdaq dropped 4.7%, triggering broader risk aversion, while nearly $1.08 billion in crypto positions were liquidated over 24 hours, largely affecting bullish traders. Bitcoin had briefly crossed $80,000 following the midterm results. On the institutional front, US spot Bitcoin ETFs recorded $74.6 million in inflows on Wednesday, although BlackRock's IBIT extended its withdrawal streak to four days. Markets now await the US jobs report, with $80,000 as resistance and $75,000 as key support, Prateek Gupta, Head of Business, Mudrex
Daily Quote from CoinSwitch
BTC pulled back to $76K as weakness in AI and semiconductor stocks weighs on broader market sentiment. Concerns over slowing AI growth, potential restrictions on data center construction, and elevated investor leverage have contributed to the equity selloff. While crypto has shown relative resilience, BTC's failure to sustain a recovery above $80,500 signals limited near-term buying demand. $73K and $68K as potential downside levels, with altcoins facing greater risks. A sustained recovery above $80K would be needed to indicate improving market momentum said CoinSwitch Markets Desk
Nischal Shetty, Founder, WazirX
"Bitcoin retreats towards $76,000 as tech selloff exposes fragile recovery
Crypto markets surrendered their post-election gains as heavy selling in US technology and AI stocks spread to digital assets. The reversal highlights a market still sensitive to global risk appetite, with leveraged trading amplifying price swings.
Bitcoin, near $75,984, was down 5.88% over 24 hours, while Ether traded around $2,234, declining 8.10%. Total cryptocurrency market capitalisation fell 5.02% to $2.55 trillion. The Fear and Greed Index registered 32, indicating fear, while the
CoinMarketCap 20 Index dropped 5.8%.
The US equity snapshot shows the Nasdaq falling 5.52%, the S&P 500 declining 4.36%, and the Dow losing 3.44%. The VIX surged 69.66% to 28.18, reflecting a sharp increase in expected equity-market volatility.
This simultaneous decline suggests investors were reducing exposure across risk assets. Concerns about AI infrastructure spending and the implications of the US election results weighed on technology shares, with crypto caught in the same price retreat. Reports also identified short covering as a contributor to the previous session's rally, suggesting that part of the rebound depended on traders closing bearish positions.
For retail investors, the implication is that crypto-specific optimism may struggle to sustain a recovery while broader financial markets remain under pressure.
Liquidations accelerated the decline
Nearly $1.1 billion were liquidated in crypto over 24 hours, affecting approximately 211,000 traders. Within a four-hour window, $818.90 million of the $879.92 million liquidated consisted of long positions, approximately 93%.
This concentration shows that traders positioned for further gains were particularly exposed. As prices fell, exchanges forcibly closed leveraged positions, adding selling pressure and potentially triggering further liquidations.
Net ETF outflows were of $915.1 million over the last week and approximately $2.49 billion over the last month, against $5.29 billion in net inflows over the last quarter."
Vikram Subburaj, CEO, Giottus.com
Gold and silver futures are showing different trends in India, with gold holding on to gains while silver faces some selling pressure. The latest MCX exchange-displayed prices put December gold at Rs 1,43,970 per 10 grams, up Rs 736 or 0.51%. December silver was at Rs 1,86,901 per kg, down Rs 834 or 0.44%.
Internationally, gold continues to draw support from a weaker US dollar and declining Treasury yields. December COMEX gold futures settled 1% higher at $4,113.50 an ounce on November 5. Lower oil prices have also eased some inflation concerns, giving markets room to reassess the outlook for US interest rates. A softer dollar makes gold more affordable for international buyers, while lower yields reduce the opportunity cost of holding non-interest-bearing assets.
Silver, however, is more vulnerable to profit-taking after its recent sharp rally. Its industrial demand exposure and higher price volatility can lead to larger swings than gold. Domestic prices are also influenced by rupee movements and local market positioning.
The immediate focus is the US employment report due today. Strong hiring could reinforce expectations of a December Federal Reserve rate increase, supporting the dollar and putting pressure on precious metals. Weaker employment data could have the opposite effect by easing rate concerns.
For investors, the divergence between gold and silver calls for caution. Avoid chasing short-term price moves. Staggered buying and disciplined position sizing remain sensible while global rate expectations are shifting.
Hemang Gor, Senior Research Analyst - Derivatives and Technical Research, Axis Direct
A catastrophic global tech crash is poised to severely punish Indian equities on Friday. GIFT Nifty futures imply a brutal 140-150-point gap-down near 24,450, threatening Thursday's euphoric 2.4% (576-point) surge in the Nifty 50 to 24,536.60.
Overnight, Wall Street suffered a disastrous, historic crash as a Democratic midterm sweep ignited fears of severe curbs on AI data centres. The Nasdaq plunged 5.5% (1,421 pts) into a correction-its worst rout in 19 months. The Dow Jones collapsed 3.4% (1,833 pts) and S&P 500 shed 4.36% (335 pts). Nvidia and semiconductor stocks cratered 9% and 12%, respectively.
The tech massacre engulfed Asia today in the steepest fall since the "Liberation Day" rout. The KOSPI triggered a circuit breaker, plunging 6% below 5,000 early, while the Nikkei 225 crashed 6% on tech liquidation; Hong Kong slipped 1%.
Though Brent crude eyes a 13% weekly loss near $99, the domestic technical bias turns strictly cautious with an overbought RSI. Staying below 24,800 keeps the undertone subdued. Support lies at 24,300 (a break risks 24,000); reclaiming 24,700 targets 25,000.
