Shares of ONGC jumped over 4% on Tuesday as rising crude oil prices, driven by escalating US-Iran tensions and supply disruptions in the Strait of Hormuz, boosted sentiment. Higher oil prices improve realisations for upstream firms, supporting the earnings outlook and extending the stock’s rally for a second session.Read More
Germany’s 10-year yield nudged up to a two-week high on Tuesday as the Strait of Hormuz remained effectively shut and oil prices climbed, leaving investors positioning for a longer-lasting period of weak growth and high inflation.Read More
Ronald Wayne, the lesser-known third co-founder of Apple, sold his 10% stake for $800 in 1976—now potentially worth over $400 billion. Despite missing out, Wayne says he has no regrets, citing financial risk, personal liability, and his belief in making informed decisions at the time.Read More
HSBC says Eternal’s growth will be uneven, citing rising competition in quick commerce as a key risk for Blinkit. While maintaining a Buy rating, it flags premium pricing and market share pressure amid aggressive rivals. Despite near-term volatility, HSBC sees strong long-term value, projecting significant EBITDA growth and up to 40-50% upside over the next few years.Read More
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