Sumeet Bagadia’s Desk:Sell ELECDMBL|30OCT26 in Commodity @ 6238.00 SL 6299.00 TGT 6116.00

Sumeet Bagadia’s Desk : Book Part Profit @ 6165.00...Sell in Commodity ELECDMBL|30OCT26 @ 6238.00 SL 6299.00 TGT 6116.00

India Federal Fiscal Deficit (Aug)
Actual: 7,102.49B
Previous: 4,551.44B

Negative for Rupee.

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in ELECDMBL|30OCT26

US ADP Non-Farm Employment Change
Actual : 90K
Forecast: 73K
Prev.: 38K
Impact : Negative for Bullion

US Core PCE Price Index m/m
Actual : 0.2%
Forecast : 0.3%
Prev.: 0.2%
Impact: Neutral or positive for Bullion

US Final GDP q/q
Actual : 2.2%
Forecast : 1.5%
Prev.: 1.5%
Impact : Negative for Bullion

US Final GDP Price Index q/q
Actual : 6.1%
Forecast : 6.4%
Prev.: 6.4%
Impact : Positive for Bullion

US Personal Spending m/m
Actual : 0.9%
Forecast : 0.8%
Prev.: 0.2%
Impact: Negative for Bullion

US Crude Oil Inventories
Actual: 0.9M
Forecast: -0.7M
Prev: 0.3M
Impact: Negative for crude oil

US Distillate Inventories
Actual: -2.3M
Forecast: 0.1M
Prev: -0.4M
Impact: Positive for crude oil

US Gasoline Inventories
Actual: -1.7M
Forecast: -1.0M
Prev: -1.7M
Impact: Neutral or Positive for crude oil

Sumeet Bagadia’s Desk:Sell ALUMINIUM|30OCT26 in Commodity @ 340.40 SL 341.10 TGT 339.00

Sumeet Bagadia’s Desk : Book Part Profit @ 339.75...Sell ALUMINIUM|30OCT26 in Commodity @ 340.40 SL 341.10 TGT 339.00

Sumeet Bagadia’s Desk:Exit @226700...Sell SILVERMIC|30NOV26 in Commodity @ 227482.00 SL 229850.00 TGT 222746.00

Global Market Heatmap

Global markets were mixed, with U.S. equities gaining modestly as the S&P 500, Nasdaq 100 and Dow Jones moved higher, while European indices declined. Asian markets were stronger, led by the Nikkei 225. Treasury yields edged higher across maturities, with the 10-year yield at 4.23%.

In commodities, crude oil remained under pressure, with WTI near $89.65 and Brent around $97.38, while natural gas also declined. Gold was largely steady near $4,191, whereas silver gained around 1.2%. Base metals were mixed, with aluminium and copper lower. The dollar index strengthened to around 101.33.

Sumeet Bagadia’s Desk : Target Achieved @ 338.10...Sell in Commodity ALUMINIUM|30OCT26 @ 340.40 SL 341.10 TGT 339.00

Dollar Update

The Dollar Index climbed to 101.61, marking a 14-week high and reaching its strongest level since June 2026.

-Choice Broking

Sumeet Bagadia’s Desk:Buy GOLDM|05NOV26 in Commodity @ 148515.00 SL 148260.00 TGT 149025.00

Sumeet Bagadia’s Desk : Book Part Profit @ 148700.00...Buy in Commodity GOLDM|05NOV26 @ 148515.00 SL 148260.00 TGT 149025.00

Sumeet Bagadia’s Desk:Sell NATURALGAS|27OCT26 in Commodity @ 287.50 SL 289.00 TGT 284.50

Sumeet Bagadia’s Desk:Sell ELECDMBL|30OCT26 in Commodity @ 6275.00 SL 6330.00 TGT 6165.00

Copper Update

Chile’s copper output dropped 12.8% year-on-year in August 2026 to 369.5 metric tons, hitting a 15-year low. Severe winter storms and port disruptions drove the decline, deepening physical market tightness from the world’s top copper producer.

Positive for Copper.

-Choice Broking