Oil prices are climbing for a second day. This surge is driven by uncertainty over Venezuela’s oil supply and growing concerns about output from Iran due to civil unrest. Major oil companies are vying for U.S. government deals to export Venezuelan crude. Protests in Iran over economic hardship are also contributing to supply worries.Read More
Indian Energy Exchange shares are under scrutiny today. The Electricity Appellate Tribunal hears arguments in the market coupling case. This case could change how electricity prices are discovered. The Central Electricity Regulatory Commission is willing to take directions from the tribunal. Investor sentiment has improved following recent developments. The outcome will shape the future of...Read More
Bharat Heavy Electricals Limited is set for a busy Friday. The company secured a major Rs 5,400 crore order for a coal gasification project in Odisha. Additionally, BHEL has begun supplying traction converters for the new Vande Bharat Sleeper trains. This marks BHEL’s entry into the semi-high-speed propulsion market. Other train components are also in...Read More
Bansal Wire Industries shares are poised for attention as a significant lock-in period expires on January 9, freeing up nearly 20% of its outstanding equity for trading. This development follows the company’s recent announcement of record sales volumes for the December quarter, indicating strong operational performance. Market participants will be closely monitoring any potential trading...Read More
Markets closed lower on Thursday due to weak global cues, with the Nifty breaching a key support level. Several companies are in focus today: Bharat Forge partnered with Agile Robots for AI automation, BHEL secured a coal gasification order, RIL may consider buying Venezuelan oil, NTPC plans nuclear power projects, and Ashok Leyland inaugurates its...Read More
Indian stock markets saw a sharp decline on Thursday. The Nifty dropped significantly as investors worried about potential US tariffs. Foreign institutional investors continued to sell shares. Global markets also showed weakness. Analysts expect the market to remain under pressure in the near term. The India VIX, a measure of market fear, surged. The rupee...Read More
Wall Street closed mixed as Nvidia and tech stocks dipped, while defense companies surged following President Trump’s call for a $1.5 trillion military budget. Investors grew cautious about AI valuations, seeking monetization proof, as Alphabet surpassed Apple in market cap. Economic data and upcoming payroll reports also influenced trading.Read More
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