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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  |  Estd 2006 Corporate Strategy  |  AI Pivot & Power Infrastructure Reliance Power's AI Pivot (₹25.10): Rebranding, ₹9,000 Cr Capital, and a Policy Tailwind Arriving Right on Cue Four renamed subsidiaries. A ₹9,000 crore fundraise. And a state government simultaneously building the exact demand this pivot is betting on. On June 30, 2026, Reliance Power quietly filed one of the more consequential corporate-identity shifts in the Indian power sector this year. Four of its subsidiaries were renamed Reliance AI Green Power, Reliance AI Power, Reliance AI Data Control, and Reliance AI Data C — and the company formally added artificial intelligence and technology-enabled services to its business objects. This was not a data-centre announcement or a customer contract. It was...
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Expect spot gold prices to trade positive: Sushil Finance
 According to Sushil Finance spot gold prices are expected to trade on the positive note on the back of rise in worries over possible federal debt default. Further, US Federal reserve decision to continue with its bond buying programme may support prices to trade in green.
Sushil Finance's report on bullion 
Sep 26, 2013: A spot gold price increased by 1.32 percent in yesterday’s trading session on the back of weakness in dollar Index. Further, rise in worries over US debt ceiling crisis increased the demand for safe haven. 

Additionally, US Federal reserve decision to continue with its bond buying programme supported prices to trade in green. However, mixed economic data from globe capped sharp upside in the prices. 
In the Indian Markets, gold prices rose by 0.79 percent taking cues from Intl spot gold prices. However, appreciation in the Indian Rupee prevented sharp upside in the prices. Gold prices touched an intraday High of 30290/10gms and closed at 30215/10gms. 

Outlook: We expect spot gold prices to trade on the positive note on the back of rise in worries over possible federal debt default. Further, US Federal reserve decision to continue with its bond buying programme may support prices to trade in green. Apart from that, expectation of rise in US unemployment claims may support prices. However, strength in Dollar index may cushion sharp upside in the prices. In the Indian Markets, depreciation in the Indian Rupee may support prices to remain in positive terrain.

Courtesy: www.moneycontrol.com 

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