Gold prices climbed Rs 200 to Rs 99,400 per 10 grams in the national capital on Thursday following fresh buying by stockists and jewellers and a weak dollar, according to the All India Sarafa Association.

Top Nifty500 stocks saw notable DII shareholding declines in March 25, hinting at cautious sentiment or strategy shifts. Aavas Financiers and IndusInd Bank led the drop.

The dollar staged a broad retreat on Thursday, as investor gloom over the lack of progress towards defusing the U.S.-China trade war reasserted itself following an interlude of optimism the previous day.

Indian Energy Exchange (IEX) on Thursday posted a rise of over 21 per cent in consolidated net profit to Rs 117.11 crore in March quarter of FY25 compared to a year ago, mainly on the back of higher revenues.

Nomura expects the Indian rupee to strengthen to 84/$1 by December 2025, driven by a weaker dollar index, foreign inflows, easing inflation, and RBI reserve accumulation. Improved investor sentiment and India s EM appeal support this outlook.

Wall Street shares saw gains on Wednesday. There is optimism about US-China trade talks. Donald Trump said he would not fire Jerome Powell. This eased market worries. First-quarter earnings season is in progress. Tesla shares rose despite a profit drop. Boeing s shares increased after reporting a smaller loss. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all rose.

The dollar stabilized on Thursday after a surge, following positive signals from President Trump regarding the Federal Reserve and potential easing of China tariffs. It rebounded against the yen, reaching 143.25. Treasury Secretary Bessent s comments on currency targets and trade with China further influenced the dollar s recovery.

Oil prices saw a slight increase after an earlier dip, influenced by discussions on potential OPEC+ output hikes and conflicting signals from the U.S. regarding tariffs on China. While some reports suggest tariff reductions to encourage trade talks, others deny any unilateral easing. Simultaneously, U.S.-Iran nuclear talks are being closely monitored for potential impacts on oil supply, despite recent U.S.