What’s Hot: Stocks, Gold & Big Money Moves | Daily Markets Show | November 06 | Business Today

As the Nifty climbs above 24,600 and Foreign Institutional Investors return - injecting nearly ₹21,000 crore in just four days - Business Today’s What’s Hot analyzes the market’s technical recovery ahead of the new Samvat year. Kshitiz Mahajan, CEO of Complete Circle, breaks down the current macro environment, citing strong Q2 EPS growth and robust GST collections as key pillars supporting valuations. The broadcast evaluates the global AI tech sell-off and its localized ripple effects on Indian IT stocks, questioning whether single-digit growth companies can sustain current index-driven rallies. Additionally, Mahajan outlines his optimal 50-30-20 market-cap allocation strategy and identifies precision manufacturing, pharmaceuticals, defense, and the broader data center ecosystem as the structural themes poised to generate long-term alpha.