Shares of online food delivery giants Zomato and Swiggy tumbled sharply on Thursday as a commercial LPG shortage raised concerns over restaurant closures and limited menus. India’s heavy reliance on Middle Eastern LPG—around 90% of imports come from Qatar, Saudi Arabia, UAE, and Kuwait—has left the sector highly vulnerable.Read More

America’s inflation stayed steady in February. This was before conflicts involving Iran began. Now, oil prices are surging. This has revived worries about inflation increasing in the coming months. Food prices contributed significantly to the rise. Energy prices are expected to climb. This situation impacts the US stock market. Investors are watching closely.Read More

Crude oil prices surged past $100 per barrel due to escalating Middle East tensions. This development impacted shares of paint, tyre, and airline companies, with significant drops observed. Iran’s actions, including attacks on tankers and fuel facilities, have heightened concerns about regional security and oil supply.Read More

Jefferies has cut its target price on Bharti Airtel to Rs 2,250 from Rs 2,575, citing a potential delay in the Reliance Jio IPO and concerns over Bharti’s entry into the NBFC business. The brokerage expects tariff hikes to be pushed to December 2026 but maintains a Buy rating, saying the stock still offers favourable...Read More

Oil marketing company shares tumbled as crude prices surged past $100 per barrel following Iran’s attacks on Middle Eastern oil tankers. Iran warned of prices potentially reaching $200, escalating regional tensions and impacting global supply routes. This volatility is expected to pressure OMCs’ margins and cash flows.Read More

Astral shares are showing strong bullish momentum after rallying nearly 24% since February and hitting fresh 52 week highs. The stock has broken above the key 1600 resistance and is sustaining above the 20 day EMA. Analysts suggest a bull call spread strategy, with resistance near 1867 and support around 1666.Read More

Indian markets are experiencing significant volatility, prompting investor instinct to buy dips. However, Dipan Mehta advises against this, suggesting it’s a time to sell underperforming stocks and reinvest in quality large-cap companies like L&T and Bharti Airtel. He also favors thematic mid and small-cap plays in travel, healthcare outsourcing, and insurance infrastructure.Read More

Home appliance makers such as Stove Kraft, TTK Prestige saw its shares rocket 10% as concerns over cooking gas supply impacted the market. Demand for induction cooktops and electric kettles saw a significant jump. Retailers reported a threefold increase in demand for induction cooktops. This trend follows disruptions in West Asia affecting energy supply routes....Read More

Foreign investors are shifting investments in India. They are buying shares in metals, capital goods, and power sectors. This move is a hedge against artificial intelligence disruption. Technology stocks are seeing significant selling. This rotation signals a change in market focus. Old economy sectors are now attracting foreign capital.Read More

The Rs 323 crore Innovision IPO has entered its final day of bidding with grey market premium around 13%. The issue has seen modest demand so far, with overall subscription at 12% after two days. Brokerage Swastika Investmart has advised avoiding the IPO due to high valuation and thin margins.Read More