Asian markets dipped Tuesday as soaring oil prices, driven by Middle East tensions, ignited inflation fears. This surge prompted investors to dial back expectations for imminent interest rate cuts. The dollar held firm, while gold saw a slight uptick. Bond yields climbed as concerns grew about energy costs impacting inflation and potentially delaying Federal Reserve...Read More
Gains in energy, tech and defense stocks offset losses in other sectors. The Dow Jones Industrial Average fell 0.15% to 48,904.78 points, while the S&P 500 gained 0.04% to 6,881.60 points and the Nasdaq Composite gained 0.36%, to 22,748.86 points.Read More
Wholesale gas prices in the Netherlands and Britain surged nearly 50% after Qatar Energy halted LNG production due to Middle East attacks. This disruption, impacting a key global supplier, is expected to intensify competition for LNG between Asia and Europe, potentially driving prices significantly higher.Read More
Domestic gold prices surged Rs 7,600 per 10 gram, nearly 5%, as the Iran-Israel/US conflict intensified, triggering safe-haven demand. MCX April futures hit Rs 1,69,679 amid rupee weakness and global risk-off sentiment, with technical indicators signalling sustained bullish momentum and buy-on-dips opportunities.Read More
Securities and Exchange Board of India fined Coffee Day Enterprises and nine officials ₹38 lakh for misstating financials between FY20 and FY25. The regulator cited unreported interest expenses, governance lapses, and violations of disclosure norms, while rejecting settlement pleas after adjudication proceedings.Read More
Wall Street’s main indexes opened lower on Monday as investors braced for a prolonged Middle East conflict that threatened to disrupt global trade routes and reignite inflationary pressures.Read More
West Asian conflict’s spillover to India fueled investor uncertainty, impacting sectoral indices except pharmaceuticals and metals. Export-facing sectors and those reliant on crude oil and Gulf imports face adverse effects. Oil and gas stocks saw mixed reactions, with upstream companies benefiting from rising crude prices.Read More
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