Stock Market Crash: Stock markets experienced a sharp decline on Friday, with Sensex and Nifty falling significantly. The Indian rupee also hit a fresh record low against the US dollar. These movements were primarily driven by fading hopes for a de-escalation in the Iran-US conflict and continued FPI outflows.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
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
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...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
Oil prices dipped as President Trump indicated progress in Iran talks and paused strikes on energy infrastructure. This follows a sharp rally amid escalation fears. Despite diplomatic efforts, the US is deploying troops. Iran demands a complete halt to attacks and guarantees for peace. Disruptions to the Strait of Hormuz are severe, with analysts predicting...Read More
The dollar strengthened towards multi-month highs as escalating Middle East conflict and doubts over de-escalation drove investors to seek safety. Amid conflicting reports on diplomatic progress and potential troop deployments, the safe-haven dollar was further bolstered by expectations of a U.S. rate hike by year-end due to rising energy prices.Read More
Global markets experienced a sharp downturn as fears of a U.S.-Iran conflict escalated, sending oil prices soaring and fueling inflation concerns. The Nasdaq confirmed a correction, while the S&P 500 and Dow also saw significant drops. Investors grappled with “fog of war” uncertainty, leading to widespread selling across sectors, with tech and communications hit particularly...Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.