Japanese stocks tumbled over 2% as US President Trump’s vow of further strikes on Iran dashed hopes for a swift conflict resolution. The Nikkei reversed earlier gains, ending significantly lower. Investors booked profits amid uncertainty over the war’s duration and potential impact on vital oil routes, leading to widespread selling across most sectors.Read More
India’s auto sector shows a dual trend: passenger vehicles, especially SUVs, are booming, while commercial vehicles and tractors face emerging caution. Robust PV sales are driven by strong demand, but supply chain issues and rising costs pose challenges for CVs and tractors, impacting overall industry momentum.Read More
Europe’s main stock index fell more than 1% on Thursday as hopes of a quick end to the Middle East conflict faded after U.S. President Donald Trump vowed more strikes on Iran.Read More
Indian government bonds declined on the fiscal year’s first trading day, with the 10-year yield nearing an eleventh consecutive rise. This surge is driven by escalating oil prices following President Trump’s statements on continued attacks in Iran, coupled with trader caution ahead of a significant debt sale. Concerns over inflation and potential rate hikes are also influencing market sentiment.Read More
Karnataka Bank shares saw a significant drop of nearly 6 percent on Thursday. This followed the release of the bank’s provisional business update for the January-March quarter of financial year 2026. CASA deposits rose 10 percent year-on-year. Total deposits also saw growth. Advances increased by 6.9 percent year-on-year. The market weakness and global concerns also impacted the share price.Read More
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