France's central bank sold the older bars in New York at record-high gold prices and used the proceeds to buy higher-standard gold in Europe. Read full report here

As of 12 PM, the Nifty50 was trading 0.06 per cent or 14.75 points higher at 22,986.90, and the Sensex was trading 0.07 per cent or 52.66 points higher at 74,155.13. 

InterGlobe Aviation, Max Healthcare Institute, and Adani Enterprises were the top losers in the Nifty50 index. 

As of 11:00 AM, the Nifty50 was trading 0.46 per cent or 104.85 points down at 22,863.40, and the Sensex was trading 0.50 per cent or 368.47 points down at 73,733.87. 

Jubilant FoodWorks, Bank of India, Bharat Forge, and Blue Star were the top losers in the Nifty MidCap 100 index. 

As of 10:00 AM, the Nifty50 was trading 0.38 per cent or 86.20 points down at 22,882.05, and the Sensex was trading 0.37 per cent or 276.84 points down at 73,869.98. 

Even if the Iran war ends quickly, the IMF expects to cut growth forecasts and raise inflation projections. The conflict has hit supply chains. Read full report here

NIFTY (Volatile - CMP : 22968) : Nifty immediate support is at 22700 zones while resistance at 23200 zones. Now it has to hold above 22850 zones for an up move towards 23200 then 23450 zones while supports can be seen at 22700 then 22550 zones.

BANK NIFTY (Volatile - CMP : 52609) : Bank Nifty support is at 52250 levels while resistance at 53000 zones. Now it has to hold above 52500 zones for a bounce towards 53000 then 53250 levels while a hold below the same could lead to weakness towards 52250 then 52000 zones.

SENSEX (Volatile - CMP : 74106) : Sensex support is at 72500 then 72000 zones while resistance at 74500 then 75000 zones. Now it has to cross and hold above 73800 zones for a bounce towards 74500 then 75000 zones while a hold below the same could see weakness towards 72500 then 72000 zones.

Art appreciates over decades, it can be stored tax-efficiently in global freeports. Also, art can be gifted across generations tax-free. Read full report here

The price of 24-carat gold fell Rs 10 in early trade on Monday, with ten grams of the precious metal trading at Rs 1,50,650, according to the GoodReturns website. The price of silver also declined by Rs 100, with one kilogram of the precious metal selling at Rs 2,49,900.

NIFTY 50

22,968

INDIA VIX

25.5

BRENT

$109

FII FLOW

-Rs 8,167Cr

The Thesis

With Brent at $109, VIX in fear territory at 25.5, and FIIs selling for 20+ consecutive sessions, InvestorAi is positioning for domestic resilience over export sensitivity. The highest conviction goes to retail consumption and commodity beneficiaries - a book that profits whether crude stays elevated or India's demand story holds. With a 15:85 long-short ratio in F&O, this is a contrarian domestic bet against persistent foreign outflows, backed by Rs 22,000 cr monthly SIP flows providing a structural floor.

Where We're Concentrated

The book clusters around three themes: domestic consumption, energy and commodity beneficiaries, and selective IT defensiveness. Real estate and mid-cap banking add cyclical optionality. The thesis breaks if crude spikes past $115 - choking consumption without benefiting the energy names enough - or if DII flows stall, removing the floor under mid-caps. Bond yields climbing to 7.13 per cent are already pressuring rate-sensitive names; further steepening favours cash-flow-positive businesses over leveraged growth.

Conviction Picks

Highest Conviction

Avenue Supermarts (DMART)

India's retail bellwether is today's strongest signal - domestic consumption holding firm even as FII outflows persist and crude pressures margins across the broader market.

Highest Confidence

Indian Energy Exchange (IEX)

Energy exchange volumes surge when commodity volatility is high. With Brent at $109 and Hormuz tensions elevated, IEX is a direct play on energy market activity.

NMDC

Iron ore miner benefiting from commodity strength and the infrastructure push. Elevated crude supports broader commodity repricing that flows directly into NMDC's realisations.

Infosys (INFY)

Defensive large-cap IT amid elevated uncertainty. Rupee weakness from crude imports provides an earnings tailwind for dollar earners heading into Q4 results.

Prestige Estates (PRESTIGE)

Real estate conviction signals domestic demand resilience. Bangalore's premium developer with strong luxury and commercial pipeline, benefiting from DII-backed market support at current levels.

One Thing to Watch

Brent crude at $109. A decisive break above $115 invalidates the "manageable inflation" thesis, compresses consumer margins, and turns DMART from conviction play to risk. Conversely, any de-escalation on the Hormuz front could trigger a VIX unwind and sharp relief rally - benefiting the entire book

The total market capitalisation of BSE Sensex is Rs 4,27,26,191.