Indian government bonds saw a decline early Tuesday due to substantial state debt supply nearing the financial year’s end and oil prices remaining above $100 a barrel. States are set to raise a record 584.20 trillion rupees, while Brent crude hovers near $103 amid supply concerns. Traders are also monitoring the Reserve Bank of India’s liquidity operations.Read More
Shares of Adani Power rose on Tuesday, extending a weekly gain of 13% and hitting a four-month high. The rally is driven by strong technical momentum, rising summer power demand expectations, and a 1,600 MW thermal power supply order from Maharashtra State Electricity Distribution Company.Read More
The stock has now declined over 19% in just two sessions and is nearing its 52-week low of Rs 72 per share. Its market capitalisation stands at around Rs 80,224 crore, down sharply from Rs 99,116 crore on Friday.Read More
Indian stock markets, including the Sensex and Nifty, initially surged on hopes of the Strait of Hormuz reopening. However, gains were largely erased by mid-morning, with IT stocks experiencing significant declines. While some sectors like Pharma and Auto saw modest gains, the overall market traded near flat.Read More
Global stock markets are experiencing extreme volatility due to geopolitical tensions, particularly the conflict involving Iran impacting oil supplies. Despite sharp downturns, historical data suggests long-term investors benefit from patience, as major indices have consistently recovered and reached new highs after crises. Maintaining an investment strategy aligned with long-term goals is crucial, even amidst uncertainty.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
