Why India, Gulf And Africa Are The New Investment Hotspots

In Business Today's "What's Hot," anchor Sakshi Batra analyzes sharp volatility in precious metals amid a fresh crash in silver prices on MCX. Silver plunges ~9% intraday, falling below $75/oz globally and to ₹2.44 lakh/kg, after testing ₹4.8 lakh highs earlier - driven by heavy profit-booking, margin calls, speculative unwind, and reduced geopolitical fears. Abhishek Basumallick views the parabolic rally as unsustainable; silver lacks gold's central bank/fundamental support, facing more downside risk. He advises caution - prefer gold over silver for stability if holding metals, with potential further consolidation/correction before recovery. Avoid aggressive buys; focus on long-term fundamentals. Markets remain range-bound (Nifty ~25,780, mildly higher) despite US-India trade deal sentiment fade - uncertainty on fine print, IT selloff from Anthropic AI tools, and mixed Q3 earnings. Defense stocks like HAL tumble 12%+ on exclusion from stealth program and Morgan Stanley downgrade. Trent margins beat via efficiencies but growth slowdown concerns persist. Tata Power Q3 mixed but renewables/rooftop strong; management optimistic on FY27 growth, Odisha DISCOM turnaround, EV charging expansion.