India-EU trade deal, precious metals volatility, Adani update and power MoUs in focus
India-EU Trade Deal (Near Completion)
- Textiles & Auto Ancillaries: Gokaldas Exports, Bharat Forge, Sona BLW
Tariff cuts and market access boost in spotlight ahead of joint press conference.
Silver Price Volatility
- Hind Zinc, Muthoot Finance, Manappuram Finance
Massive swings persisting; hold levels key amid global precious metals action.
Corporate Developments
- Adani Enterprises: Issues clarification – not party to ongoing US legal proceedings.
- Power Sector MoUs: MP government signs thermal projects – Torrent Power, Adani Power benefit.
- Pharma Recalls: Sun Pharma and Cipla recalling select products from US market.
Key Takeaway: Trade deal progress and sector-specific catalysts likely to drive intraday momentum across export, metals and power names.
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