Shares of IT companies outperformed the broader market on Monday, with Wipro, LTIMindtree, and Persistent Systems rising up to 1% despite a sharp selloff that wiped out over Rs 12.39 lakh crore from BSE-listed companies’ market capitalisation. Wipro led gains, while Infosys and TCS saw modest declines, less severe than the broader market drop.Read More
Brent crude surged nearly 29% on Monday to cross $100 per barrel, heading for its biggest single-day gain on record after the Strait of Hormuz remained shut amid the escalating Iran–Israel–US conflict. The disruption to a key global oil transit route has sparked fears of a severe supply shock and rising inflation.Read More
Oil prices have reached multi-month peaks. The conflict between Iran and Israel-US has led to the closure of the Strait of Hormuz. This situation mirrors the 1970s oil crisis. Analysts warn of further price increases if the disruption continues. Investors are advised to approach the market cautiously.Read More
Shares of Asian Paints, Berger Paints and Indigo Paints fell sharply on Monday after crude oil prices surged nearly 29% amid escalating Middle East tensions. Rising oil costs threaten to increase raw material expenses for paint makers, sparking concerns about margin pressure and further downside risk for the sector.Read More
Global stock markets are experiencing high volatility. Geopolitical tensions and rising oil prices are causing sharp sell-offs. Investors are concerned about prolonged conflict and energy supply issues. Experts suggest rotating capital into more attractive companies after corrections. Sectors like financials and renewable energy may offer resilience. A disciplined approach with gradual capital deployment is advised.Read More
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