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Global Markets | Australian shares slide as Middle East oil shock fans rate hike fears
Australian shares dropped over 1% as rising oil prices, fueled by Middle East attacks, heightened inflation concerns and increased the likelihood of interest rate hikes. The S&P/ASX 200 index fell 1.3%, with financials and miners leading the decline. Energy stocks were the sole gainers, while New Zealand's benchmark also saw a dip.
Gold falls on firmer dollar, dimming US rate cut hopes
The US dollar firmed 0.2%, making dollar-priced bullion more expensive for holders of other currencies
Are Indian techies losing jobs due to AI? CLSA analysts make a strong argument
Despite fears of AI-driven layoffs in Indias IT sector, CLSA analysts say hiring remains steady, and revenue per employee is rising. IT giants like TCS, Infosys and Tech Mahindra continue to expand recruitment, especially for specialised AI roles, while AI adoption boosts productivity and margins without threatening core jobs.
Stay invested, deploy money gradually amid market volatility: Prateek Agarwal
Geopolitical tensions and trade route disruptions are making investors cautious, despite attractive stock valuations. Market participants are closely monitoring the Strait of Hormuz, as any disruption there impacts oil prices and supply chains. While uncertainty typically lowers valuations, it can create opportunities once clarity emerges, with the continuity of trade being the key factor for market stabilization.
Amid market volatility, Neeraj Dewan sees opportunities in these three sectors
Indian stock markets face volatility due to geopolitical tensions and rising energy prices, disrupting recent stability. Despite caution, market expert Neeraj Dewan identifies selective long-term opportunities in sectors like energy, defensives, food delivery platforms, auto, and select PSU stocks, advising gradual accumulation on dips.
Bitcoin consolidates near $70,000 as macro uncertainty offsets institutional demand
Bitcoin consolidated near $70,000 despite positive institutional demand, as macro uncertainty persisted. While Spot Bitcoin ETFs saw significant inflows and whale holdings rose, the broader crypto market capitalization edged down. Analysts suggest cautious sentiment with limited near-term breakout probability above $75,000.
Among OMCs, Indian Oil Corporation (IOC) fell 4 per cent in early trade to 154.06 from its previous close of 160.63
Rupee opens 21 paise weaker at 92.25 per US dollar
The drop comes as crude oil tops $100 a barrel due to West Asia crisis
Nomura has initiated coverage on Tata Capital, L&T Finance and Piramal Finance with Buy ratings, citing their expanding product portfolios and rapid adoption of AI-driven lending engines. The brokerage expects NBFCs to outpace banks over the next 15 years, driven by MSME credit gaps, digital data analytics and rising retail penetration.
India bonds slip as Brent tops $100 per barrel
Indian government bonds declined early Thursday, reversing prior gains due to a surge in oil prices and a slump in U.S. Treasuries. Traders anticipate central bank intervention to mitigate losses, as rising crude prices may prompt a hawkish stance to counter rupee depreciation and imported inflation.
Petrol, Diesel & LPG Crisis LIVE: Brent crosses $100 as Hormuz disruption fears grip energy markets
Global oil markets surged on Thursday as Brent crude crossed the $100-a-barrel mark after an attack on two oil tankers in Iraqi waters, heightening fears of supply disruptions across the Persian Gulf energy corridor.
Global Market | Anurag Singh on what could decide the markets next move
Rising oil prices and West Asian tensions are creating market volatility, with investors watching energy flows and geopolitical strategy. Market expert Anurag Singh believes the US and Israel aim to dismantle Iran's capabilities and secure the Strait of Hormuz. Equity markets have priced in weaker earnings, but emergency oil releases offer a temporary reprieve.
Adani Total Gas extends rally, Gujarat Gas, MGL shares zoom on LPG supply push
Adani Total Gas surges as much as 15% in early trade to 651
RBI likely steps in after oil spike pushes rupee towards record low
Goldman Sachs pushes back Fed rate cut forecast amid Mideast conflict
Goldman Sachs has pushed back its forecast for U.S. Federal Reserve rate cuts, now anticipating quarter-point reductions in September and December. This shift is attributed to rising inflation risks stemming from the Middle East conflict, making a June start appear too early. However, earlier cuts remain possible if the labor market weakens more significantly than expected.
When war creates panic, smart investors look for opportunities
When conflict rattles markets, fear dominates, but smart investors see beyond the headlines.
Crude oil prices surged past $100 per barrel due to escalating Middle East tensions. This development impacted shares of paint, tyre, and airline companies, with significant drops observed. Iran's actions, including attacks on tankers and fuel facilities, have heightened concerns about regional security and oil supply.
Jio IPO delay among 2 reasons why Jefferies cuts Bharti Airtels target price
Jefferies has cut its target price on Bharti Airtel to Rs 2,250 from Rs 2,575, citing a potential delay in the Reliance Jio IPO and concerns over Bhartis entry into the NBFC business. The brokerage expects tariff hikes to be pushed to December 2026 but maintains a Buy rating, saying the stock still offers favourable risk-reward.
HPCL, other OMC stocks tumble 4% as oil surges back above $100; Iran warns prices can hit $200
Oil marketing company shares tumbled as crude prices surged past $100 per barrel following Iran's attacks on Middle Eastern oil tankers. Iran warned of prices potentially reaching $200, escalating regional tensions and impacting global supply routes. This volatility is expected to pressure OMCs' margins and cash flows.
F&O Radar: Bull Call Spread strategy for Astral
Astral shares are showing strong bullish momentum after rallying nearly 24% since February and hitting fresh 52 week highs. The stock has broken above the key 1600 resistance and is sustaining above the 20 day EMA. Analysts suggest a bull call spread strategy, with resistance near 1867 and support around 1666.
Swiggy, Eternal shares fall 5% as LPG shortage disrupts restaurant operations
Brokerage firm Motilal Oswal Financial Services flagged potential near-term risks to food delivery platforms due to supply disruptions in commercial LPG cylinders across several cities
Shares of Adani Total Gas surged up to 14% and extended a two-day rally to nearly 39% after the government issued the Natural Gas (Supply Regulation) Order, 2026 to prioritise gas supplies to essential sectors amid Middle East conflict-driven disruptions. The move follows LNG shipment issues through the Strait of Hormuz, while rising gas prices and global supply concerns continue to roil energy markets.
Sunil Subramaniam on why private bank stocks keep falling and what investors should buy right now
Indian private banking stocks face selling pressure. Foreign institutional investors are driving this trend through ETF outflows, short positions in futures, and direct stock selling. Domestic investors are not stepping in to buy. A stronger dollar and rising oil prices add to market concerns. Experts suggest a cautious approach to investing, advising to buy dips gradually over time.
Crude shock drags Sensex, Nifty to multi-month lows as FIIs extend selling streak
Brent crude surges to $100 a barrel while US crude climbs to $95, after commercial vessels were attacked off Irans coast, severely disrupting tanker traffic through the Strait of Hormuz
Eternal, Swiggy shares fall 4%. Is LPG shortage beginning to hurt food delivery business?
Shares of online food delivery giants Zomato and Swiggy tumbled sharply on Thursday as a commercial LPG shortage raised concerns over restaurant closures and limited menus. Indias heavy reliance on Middle Eastern LPGaround 90% of imports come from Qatar, Saudi Arabia, UAE, and Kuwaithas left the sector highly vulnerable.
America's inflation stayed steady in February. This was before conflicts involving Iran began. Now, oil prices are surging. This has revived worries about inflation increasing in the coming months. Food prices contributed significantly to the rise. Energy prices are expected to climb. This situation impacts the US stock market. Investors are watching closely.
India's most trusted stock wipes out nearly Rs 3 lakh crore this year. Is RIL still a value bet?
Reliance Industries, a major Indian conglomerate, has seen its market value drop by nearly Rs 3 lakh crore this year. This decline is attributed to softer refining margins and significant investments in new energy projects. While core businesses remain strong, the company is in a transition phase. Investors are watching for future earnings growth from its diversified ventures.
Rupee falls 31 paise to 92.32 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 92.25 against the US dollar and slipped further to 92.32, down 31 paise from its previous close
Rupee hits record low of 92.35 vs dollar as oil surge pummels Asian assets
The Indian rupee hit a new lifetime low against the dollar on Thursday, driven by surging oil prices due to energy supply disruptions. This economic risk for energy importers saw the rupee fall to 92.3575 per dollar. Central bank intervention helped to curb further losses.
Wipro shares flat after securing multi-year modernisation deal with TruStage
The stock was quoted at 201.19 on the NSE, reflecting a muted market reaction despite the strategic nature of the deal.
Brent crude crosses $100 after Iran tanker attack in Iraqi waters
The attack comes amid escalating tensions around the Strait of Hormuz, a crucial shipping route for global oil trade.
Global Market | Chinese exporters rush to hedge currency risks as Yuan strengthens
Chinese exporters are now actively managing currency risks. They are using financial tools like forward contracts to protect profits from yuan's rise and global tensions. This shift from holding dollars is reshaping their strategies. Strong exports and regulatory encouragement are driving this trend. The move could influence global currency markets and the yuan's strength.
Indian stock markets experienced a sharp selloff on Thursday, with Sensex and Nifty 50 declining significantly. Escalating Iran-Israel tensions, persistent FII selling, and rising crude oil prices above $100 per barrel weighed heavily on investor sentiment. The market capitalization saw a substantial drop, with most sectoral indices trading in the red.
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ stock closes at Rs 1424.1
US Stock Market | SoftBank's PayPay prices IPO below range at $16 a share
PayPay, a Japanese digital wallet provider, has priced its U.S. initial public offering at $16 per share. This figure is below its initial target range. The offering raised approximately $880 million. The market sentiment was impacted by geopolitical events. This listing marks a significant debut for a SoftBank majority investment in the U.S. market.
Don't buy the dip blindly; sell your mistakes first, then buy these 10 stocks: Dipan Mehta
Indian markets are experiencing significant volatility, prompting investor instinct to buy dips. However, Dipan Mehta advises against this, suggesting it's a time to sell underperforming stocks and reinvest in quality large-cap companies like L&T and Bharti Airtel. He also favors thematic mid and small-cap plays in travel, healthcare outsourcing, and insurance infrastructure.
Deploy cash in market fall but avoid extreme calls: Srinivas Rao Ravuri
Amid geopolitical tensions and muted market returns, Bajaj Life CIO Srinivas Rao Ravuri advises gradual cash deployment during corrections, favoring consumption and private banks. He prefers large caps over expensive small and midcaps, highlighting a long-term perspective and disciplined approach for navigating market volatility and seeking opportunities.
Stove Kraft, TTK Prestige jump 10% as induction demand surges amid Middle East gas crisis
Home appliance makers such as Stove Kraft, TTK Prestige saw its shares rocket 10% as concerns over cooking gas supply impacted the market. Demand for induction cooktops and electric kettles saw a significant jump. Retailers reported a threefold increase in demand for induction cooktops. This trend follows disruptions in West Asia affecting energy supply routes. Consumers are seeking alternative cooking methods amid rising gas prices and shortages.
Innovision IPO Day 3: GMP, subscription status and key details. Should you apply?
The Rs 323 crore Innovision IPO has entered its final day of bidding with grey market premium around 13%. The issue has seen modest demand so far, with overall subscription at 12% after two days. Brokerage Swastika Investmart has advised avoiding the IPO due to high valuation and thin margins.
Jindal Saw among 3 stocks flashing bullish signals, hinting at a possible uptrend
On March 11, three NSE stocks with a market capitalisation above Rs 10,000 crore featured in the White Marubozu bullish scan, according to StockEdge data. This candlestick pattern signals strong buying interest throughout the session, indicating improving momentum and potential near-term upside that traders track for confirmation of a bullish trend.
HPCL among 5 F&O stocks with a sharp rise in futures open interest
As of March 11, seven NSE F&O stocks saw a sharp rise in futures open interest, signalling heightened derivatives activity. Rising OI reflects stronger participation, with traders initiating fresh positions or adding to existing ones. This technical signal highlights growing conviction on near-term price direction in these stocks.
Borosil shares in focus as LPG supply disruption from Middle East war forces partial shutdown
Borosil Ltd may remain in focus after the company partially halted production at its Jaipur furnaces due to LPG supply restrictions linked to Middle East tensions. Disruptions in tanker movement through the Strait of Hormuz have tightened fuel supplies in India, pushing LPG prices higher and triggering shortages in several cities.
Adani Total Gas among 6 stocks showing bullish RSI upswing
On March 11, six Nifty200 stocks entered the RSI Trending Up scan after gaining momentum. Their RSI readings crossed above the 50 mark from lower levels, signalling strengthening price momentum and rising buying interest. Traders track this technical signal to identify potential bullish continuation in these stocks.
Markets set to open lower as Iran ship attacks send oil soaring
GIFT Nifty signals weak start amid West Asia tensions and supply disruption fears
Reliance Industries, ONGC shares in focus as oil jumps 8% near $100. Will prices hit $200?
Oil prices surged over 7%, pushing Brent close to $100 per barrel amid escalating Middle East tensions and supply disruption concerns. The rally is expected to keep upstream oil stocks such as Reliance Industries, ONGC and Oil India in focus, while geopolitical risks raise fears that crude prices could spike further.
Aluminium extends gains as supply concerns amid Mideast conflict linger
Aluminium prices surged on Thursday, driven by ongoing concerns over a tightening global supply exacerbated by the Middle East conflict. The Shanghai and London Metal Exchanges saw significant gains as shipments through the Strait of Hormuz faced disruptions, fueling fears of a more acute supply squeeze.
Oil prices surged over 8% as traders dismissed the International Energy Agency's record emergency crude release, doubting its sufficiency against Middle East supply shocks. Iran's warning of $200 per barrel prices and ongoing conflict concerns overshadowed the 400 million barrel drawdown, with uncertainty over distribution pace and Iran's ceasefire demands adding to market jitters.
Oil jumps as tankers in Iraq hit, IEA fails to ease supply fears
The near-closure of Hormuz, through which a fifth of global oil typically flows, has driven up prices of crude, natural gas and products such as diesel, raising concerns about an inflation crisis
We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
Elfin Agro India shares to list today. Here's what GMP indicates ahead of debut
Elfin Agro India's shares are set for their BSE SME debut on March 12, with the grey market suggesting a listing near its Rs 47 issue price. The Rs 25 crore IPO, which saw modest subscription, aims to bolster working capital. The agro-processing firm, known for wheat products and mustard oil, operates across eight states and two union territories.
Negative Breakout: These 10 stocks cross below their 200 DMAs
Traders use the 200 DMA as a key indicator to determine the overall trend in a particular stock.
Global Market | Japan's Nikkei falls as oil climbs on prolonged Middle East conflict
Japans Nikkei share average fell on Thursday. Global oil prices resumed their climb. Concerns grew that the U.S.-Israeli war with Iran could drag on. Technology stocks declined. Most industry sub-indexes dropped. Real estate was the worst performer. Kawasaki Heavy Industries shares rose, bucking the trend.
Gold edges lower on firmer dollar, renewed inflation fears
Gold prices dipped on Thursday, influenced by a stronger dollar and renewed inflation concerns stemming from higher oil prices. This dampened expectations for imminent interest rate cuts. Meanwhile, oil prices surged amid supply constraints in the Gulf and tensions in the Strait of Hormuz.
Companies including KEC International, Omnitech Engineering, Ashok Leyland, and Wipro secure key contracts and announce expansions amid ongoing business momentum
Pre-market action: Here's the trade setup for today's session
Indian markets fell again on Wednesday. Foreign investors sold shares heavily. Banking and auto stocks saw significant declines. Analysts expect continued volatility. This is due to West Asia conflict developments and crude oil price movements. The rupee also weakened against the US dollar. India VIX, a fear gauge, increased.
Oil up in Asian trade despite reserves release
Oil rose in Asia on Thursday even after announcements of huge releases of crude from strategic reserves in an attempt to bring down prices in the wake of the Iran war. The United States Department of Energy said Wednesday it will release 172 million barrels from the strategic petroleum reserve eginning next week.
Stock Market Live Updates: Stock to buy today: Ipca Laboratories (1,532.20) BUY
Sensex, Nifty, Share Prices LIVE: Traders can buy Ipca Laboratories shares now at 1,532. Accumulate on dips at 1,510. Keep the stop-loss at 1,460
Stocks in news: IndiGo, IDFC First Bank, Adani Enterprises, Ashok Leyland, Mahanagar Gas
Markets experienced a sharp decline of over 1.5% on Wednesday, driven by weak global cues and geopolitical tensions, with Nifty approaching its previous swing low. Several companies like IndiGo, IDFC First Bank, and Ashok Leyland are in focus due to significant news developments, including regulatory dismissals, ED searches, and new investment plans.
Global Market Today | Asian stocks slide, oil advances as Iran war extends
Global markets are experiencing a volatile week. US stock futures and Asian shares are down. Oil prices are rising again due to Middle East tensions. This is impacting inflation expectations and the US Federal Reserve's plans for interest rate cuts. Investors are closely watching energy markets and the private credit sector for further clues.
Global Market | China's an unlikely haven as oil roils markets
Despite soaring oil prices due to the war in Iran, China's markets have shown surprising resilience. Investments in renewables and electric vehicles have reduced its dependence on imported fossil fuels, protecting its economy. This strategic insulation has made Chinese assets a potential safe haven for global investors.
Sensex, Nifty slide as Strait of Hormuz attacks rekindle energy crisis fears
Indian stock markets experienced a significant downturn on Wednesday. This decline followed a sharp rise in oil prices, triggered by escalating conflict in West Asia. The Strait of Hormuz attacks revived global energy crisis concerns. Both the Nifty and Sensex closed lower, extending their weekly losses.
JPMorgan turns bullish on life insurance stocks, picks Max Financial as top bet
JP Morgan has upgraded life insurance stocks to 'overweight' due to recent price drops and anticipated growth. The brokerage favors Max Financial, SBI Life, HDFC Life, ICICI Prudential, and LIC, expecting GST exemptions to boost retail protection sales and improve margins. Despite potential commission payout changes, larger insurers are poised to gain market share.
Nowhere to hide: Rupee breaches the 92 mark again
The Indian rupee weakened significantly on Wednesday, crossing the 92 mark against the dollar. This decline mirrored a slide in equity markets. Reports of an Iranian blockade impacting global energy shipments fueled dollar demand. Foreign investors continued to sell Indian stocks.
Market volatility puts upcoming IPOs in a wait-and-watch mode
Escalating West Asian conflict and equity market volatility are causing companies with upcoming IPOs to pause and reassess launch timelines. With investor sentiment cautious, many are delaying launches, preferring to wait for improved market conditions rather than accepting lower valuations. This tactical approach is driven by concerns over investor appetite in a wobbly secondary market.
Defence stocks build up on hopes war to spur spends
Indian defense stocks have shown resilience amidst global market turmoil, outperforming the Nifty. Investors are betting on increased defense spending due to escalating geopolitical tensions in West Asia and a prickly neighborhood. Companies specializing in defensive systems and offensive platforms are attracting significant interest.
Local factors insulate private credit market from global storm
India's private credit market is expected to remain stable, unlike its global counterparts, due to a robust regulatory framework and a predominantly domestic investor base. Closed-ended funds, a common structure in India, mitigate asset-liability mismatches, a key concern in the US market. Restrictions on bank investments in AIFs further insulate the Indian ecosystem from systemic risks.
Settlements drive surge in SEBI income to 2,713 crore in FY25
Settlement and compounding receipts jump nearly eight-fold to 814.55 crore
DCGI cracks down on indirect promotion of weight-loss prescription drugs
This prohibition shall extend to any form of direct or indirect promotional activity in print, electronic, digital, social media, or any other public platform that is intended, directly or indirectly, to promote the product to the general public.
US stocks today: Dow Jones drops 500 points as oil prices surge despite IEA move to release reserves
Wall Street indexes dropped as investors weighed inflation data and a record crude oil reserve release aimed at curbing soaring energy prices amid Middle East tensions. Despite the IEA's move, oil prices climbed, and equities slipped after Iran's military warned of potential price surges. Investors also pushed back interest rate cut expectations.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian stock markets, Sensex and Nifty, experienced a significant downturn on Wednesday. Both indices closed nearly 2% lower. This decline followed a surge in crude oil prices and heightened tensions in West Asia. Foreign fund outflows and selling in major bank stocks also contributed to the market's fall. Investors are now awaiting key inflation data from the US and India.
Campbell's cuts annual forecasts as demand sags, shares slump by 5%
Campbell's has lowered its yearly sales and profit outlook. The company is also pausing share buybacks. This move prioritizes debt reduction. Weak consumer demand and rising costs are impacting sales. New tariffs are expected to increase expenses further. Campbell's aims to boost snack sales through promotions.
Ageas Federal launches Large-Cap Index Fund at 10 NAV
The fund invests primarily in equity shares of index constituents, with a small allocation retained in cash or short-term instruments for liquidity management
IEA announces record release of strategic stocks in response to Iran war oil price surge
The International Energy Agency has announced its largest-ever oil release of 400 million barrels to combat soaring crude prices, driven by supply disruptions from the U.S.-Israeli conflict with Iran. This unprecedented collective action aims to prevent further price hikes amid fears of continued Iranian attacks blocking Middle East oil exports.
NHAI-backed Raajmarg Infra InvIT IPO subscribed 16% on Day 1
Raajmarg Infra Investment Trust's Rs 6,000-crore IPO saw 16% subscription on day one, with institutional investors showing stronger interest. The InvIT, backed by NHAI, aims to unlock highway asset potential and offers a long-term investment in five toll roads. This public offering is a significant step towards broader participation in India's highway development.
Nithin Kamath says genuine hedging in options market is now harder due to heavy speculation
Zerodha co-founder Nithin Kamath highlighted a structural shift in India's options market, with a surge in weekly options trading making hedging difficult. Trading has concentrated in ultra-short-term contracts, reducing liquidity in longer-dated options crucial for risk management, especially during geopolitical volatility.
RBI to conduct Rs 50,000 crore OMO on March 13
The Reserve Bank of India will inject Rs 50,000 crore into the banking system on March 13. This is part of a larger Rs 1 lakh crore Open Market Operation purchase of government securities. The move aims to manage liquidity ahead of expected outflows from advance tax and GST payments.
Oracle shares rally 12% as strong revenue forecast eases concerns over massive AI bets
Oracle shares surged after a strong revenue forecast eased AI infrastructure spending concerns. The company is rapidly expanding its data centers for AI, funded by significant debt. While investor concerns about financing and execution persist, new AI contracts and Larry Ellison's comments on AI tools provided some reassurance.
US Stocks today: US stocks mixed as investors assess inflation data, oil prices amid Iran war
US stocks traded mixed early Wednesday as markets absorbed a flat inflation report and rising oil prices. The Dow Jones Industrial Average dipped slightly, while the S&P 500 and Nasdaq Composite saw gains. Oracle shares surged significantly following a strong quarterly revenue report driven by AI demand.
In the worksdigital approvals, tighter entry norms for foreign airlines
India may soon require foreign airlines to obtain operating authorization through a fully digital approval system. Draft rules from regulator DGCA propose standardized documentation, a local representative and stricter checks on ownership, safety and regulatory compliance.
US inflation rises 0.3% in February, on expected lines amid rising oil prices
U.S. consumer prices rose 0.3% in February, driven by higher gasoline costs amid escalating Middle East conflict and rising oil prices. Economists anticipate further inflation increases in March. Core CPI, excluding food and energy, saw a 0.2% gain, influenced by declining used vehicle prices and slower rent increases.
West Asia crisis: Indian airlines seek pilot duty rule relief as longer routes breach flight limits
Longer routings after Pakistan airspace closure and West Asia tensions have pushed some international flights beyond the 10-hour limit for two-pilot crews.
Legendary trader Jesse Livermore's wisdom emphasizes aligning with market reality, not just bullish or bearish sentiment. Success hinges on accurately interpreting signals and adapting to dynamic trends, rather than rigidly adhering to a predetermined view. The 'right side' is dictated by evidence, demanding flexibility and objective analysis for long-term survival.
KEC International rallies 1.64% as Jal Jeevan Mission gets 8.69 lakh crore lifeline
The missions focus shifts from infrastructure creation to sustainable service delivery, with stricter state-level accountability built into the revised framework dubbed JJM 2.0
KIMS Hospitals to raise 1,500 cr through QIP
KIMS shares fell lost 1.22 per cent to close at 680 on the BSE on Wednesday
India turns the page: Publishing boom opens new chapter for books
Publishers and bookstore owners are a happy lot today. Because one thing has become clear at lit fests and book fairs from Chumoukedima to Banaras, Shillong to Hyderabad: Indias book business is booming.
Emami among 7 small-cap stocks hit 52-week lows; slip up to 25% in a month
Amid a sharp 1,342-point Sensex drop to 76,863, seven BSE 250 Smallcap stocks, including Sapphire Foods, JK Lakshmi Cement, Relaxo, Aegis Logistics, Five-Star Finance, Emami and Jyothy Labs, hit 52-week lows, signaling weakness.
Promoters sell apartment at Raheja Artesia in Worli for 121 crore
Mumbai's Worli sees another mega apartment sale at 1.7 lakh per sq ft as Ravi Raheja, group president of real estate firm K Raheja Corp and his wife sell apartment at Raheja Artesia
Rising energy prices roil global bonds as traders tear up rate cut bets
Global bond markets faced renewed selling pressure as the U.S.-Iran conflict escalated, sending oil prices soaring. This surge has prompted traders to bet against central bank rate cuts this year, with some now anticipating hikes. Short-dated bond yields, particularly in Europe, climbed sharply as investors braced for a more hawkish monetary policy stance due to prolonged energy price inflation.
