Nifty extended its decline amid weakness in IT, auto, and metal stocks, nearing key support at 25,525. Analysts see bearish momentum below 25,590 but stability above 25,700. Stock recommendations for Thursday include Kalpataru Projects, Minda Corp, Siyaram Silk Mills, Asahi India Glass, and CCL Products with bullish technical setups.
Oil climbs following renewed US, Iran strikes in Middle East
Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential