Tata Motors PV share price fell 3% on Friday. Production at its luxury unit, Jaguar Land Rover, might be impacted. The Solihull plant faced a temporary shutdown due to supplier issues. This follows a prior cyberattack that disrupted JLR’s operations and finances. The company’s stock has seen a decline recently. Investors are watching these developments closely.Read More
Oil marketing company shares are in focus after the government reduced excise duty on petrol and scrapped it on diesel. This move follows a surge in global crude oil prices and a price hike by private retailer Nayara Energy. Brokerages, however, remain cautious, citing potential margin pressures and elevated oil prices.Read More
The Indian rupee has fallen to a new record low against the US dollar. This decline is driven by concerns over the ongoing energy supply crisis stemming from the Middle East war. Analysts predict further pressure on the rupee, with potential for it to breach the 98-per-dollar level this year. Economic growth forecasts for India are being revised downwards.Read More
South Korean retail investors, dubbed ‘ants,’ have significantly boosted the KOSPI index, despite recent market volatility. Driven by job security concerns and high housing costs, these investors are increasingly channeling funds into equities, now comprising a substantial portion of daily trading turnover.Read More
Gold and silver prices rose on MCX, supported by a weaker dollar and easing geopolitical tensions after signs of a pause in Iran-related conflict. Lower oil prices also lifted rate cut hopes. Analysts see continued volatility, with key resistance and support levels guiding near-term trading strategies for both metals.Read More
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