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Oil prices experienced a notable downturn, with Brent crude slipping below $95 and WTI declining beneath $90. This trend follows substantial losses from earlier sessions, influenced by the political shifts stemming from the US midterm elections. The election results could reshape President Donald Trump's stance towards the Iran conflict, opening doors for potential negotiations.
Dalal Street witnessed a major surge as Sensex soared over 1,600 points and Nifty50 gained 2%. This rise in the market was supported by a decline in crude oil prices and returning foreign investor interest. The US midterm election results also contributed positively to market sentiment globally. Broader market indices and banking stocks joined in the rally, reflecting widespread investor confidence.
Gold and silver price prediction today: MCX Gold has rebounded from its recent lows following the market's reaction to the US Midterm Election results. Prices have managed to sustain above the long-term support zone formed by previous swing lows, which has been sustained since January 2026. Gold is likely to face an immediate resistance around 147,500.
The insurance agent in the case deposited Rs 35 lakh in cash into his bank account. The department classified the amount as “unexplained money” and sought details of its source. The man maintained that the cash was not his personal money but represented insurance premiums collected from customers who had bought policies through him.