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Markets Open Steady Amidst Global Geopolitical Tensions and New RBI Lending Rules

On this edition of Business Today's Market Opening, the focus is on the Indian stock market's resilience despite rising geopolitical tensions in Venezuela. The broadcast highlights a steady start for the Nifty and broader indices, driven by strong performances in the auto and metal sectors. Key updates include the Reserve Bank of India's sweeping new restrictions on related party lending and Nvidia's latest AI innovations for autonomous vehicles. The report also covers the record-breaking rally in gold and silver prices, alongside specific stock movements in banking and discretionary sectors. As the market expert notes regarding the disconnect between global noise and local action, ‘Markets at the moment are really beating their own path.’

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Video: High drama as cash-filled bags thrown from 9th floor amid Punjab ED raids

Dramatic scenes unfolded during Enforcement Directorate raids across Punjab and Chandigarh as officials searched multiple properties linked to an alleged land and licencing fraud case on Thursday. In Mohali’s Chajju Majra area near Kharar, panic erupted inside a residential society after two bags, allegedly packed with cash, were reportedly hurled from a ninth-floor flat while ED teams conducted searches upstairs.

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