The initial public offering of SoftBank’s PayPay ​is likely to price around the low end of its marketing range as war in the Middle East roil markets, said ‌two people ⁠familiar ⁠with the matter.Read More

Oracle on Tuesday predicted that the AI ​data center boom will power its revenue above Wall Street estimates ​well into 2027, sending its shares up 8% in extended trading.Read More

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Oil prices are fluctuating. The International Energy Agency is proposing a historic release of oil reserves. This move aims to counter supply disruptions caused by the war on Iran. Major oil benchmarks saw initial gains reversed. The U.S. and Israel conducted intense airstrikes on Iran. Saudi Arabia is boosting supplies via the Red Sea.Read More

The dollar remains stable as global markets watch the U.S.-Iran conflict. Traders are cautious, seeking clarity on the war’s duration and potential impact on energy supplies. Oil prices have surged, influencing currency markets and central bank expectations. Investors await U.S. inflation data for further direction. The International Energy Agency is reportedly considering a significant oil...Read More

Gold prices edged higher as easing oil prices tempered inflation concerns. Investors are closely watching upcoming U.S. economic data, including the CPI and PCE indexes, for clues on the Federal Reserve’s future monetary policy decisions. The Fed is widely expected to maintain current interest rates at its upcoming meeting.Read More

U.S. stocks declined as fading hopes for a swift end to the U.S.-Israeli war on Iran, coupled with renewed military threats and stagflation worries, weighed on investor sentiment. The Dow and S&P 500 fell, while the Nasdaq saw a slight gain amid market confusion and ongoing geopolitical tensions.Read More

Indian benchmark indices concluded March 10 on a strong note, with the Nifty surpassing 24,250. Analysts anticipate consolidation between 24,500 and 23,700, with immediate support at 24,150. The India VIX saw a significant drop, while foreign investors were net sellers.Read More

Indian markets saw a strong rebound on Tuesday, recovering some losses. Global cues improved and crude oil price worries eased. Several companies are in focus today. Nazara Technologies saw a significant block deal. IndiGo’s CEO stepped down. RIL is boosting LPG production. Vedanta calls for unlocking domestic resources. NTPC Green Energy added new solar capacity.Read More

Indian stocks and the rupee saw a strong rebound on Tuesday. This recovery followed a significant drop in crude oil prices. Asian markets also experienced gains. Traders cut bearish bets as tensions eased. Investors are deploying cash into the market. Sectoral indices mostly climbed, with auto and consumer durables leading the gains. Volatility remains a...Read More