Businesses are adjusting supply chains due to the ongoing conflict. Indian companies possess stronger financial health than before the pandemic. Equity markets have seen a correction, making valuations more reasonable. HSBC aims to become a top private bank in India. The bank is also focusing on transaction banking and global investing options for affluent clients.Read More

Indian stock markets extended their rally for a second straight session, with banking, auto, and consumer stocks driving gains. Several companies, including Chennai Petroleum, LIC, and Brigade Enterprises, are in focus today due to significant corporate developments and announcements.Read More

Goldman Sachs has downgraded Indian equities to ‘market weight’ from ‘overweight’, citing slower earnings growth and crude price concerns. The brokerage cut its Nifty 12-month target to 25,900, anticipating downside risks in the next 3-6 months due to unpriced earnings cuts. Despite recent gains, Goldman remains overweight on select sectors but downgraded cyclicals and downstream...Read More

Investors are selling stocks, bonds, and gold, increasing cash holdings due to the Iran war’s geopolitical and macro uncertainty. This mirrors strategies from the Ukraine invasion, with concerns of an energy price shock fueling inflation and prompting central banks to consider rate hikes instead of cuts.Read More

BlackRock president Rob Kapito warned that investors are underestimating the economic risks of the Iran war, predicting it could reduce growth by two percentage points and increase inflation by a similar margin. Even if the conflict ends soon, oil prices may spike to $150 a barrel due to supply chain disruptions.Read More

Wall Street indexes plunged Thursday, with the Nasdaq confirming a correction amid escalating U.S.-Iran tensions. Soaring oil prices and inflation fears drove the sell-off, as investors grappled with “fog of war” uncertainty. Tech and communications stocks led the decline, while energy shares gained.Read More

Traders are making significant bets on Brent crude oil prices soaring to $150 a barrel by April end. This surge is driven by ongoing conflict in the Middle East disrupting supplies through the Strait of Hormuz. Options trading shows a tenfold increase in such bets, indicating anticipation of extreme price movements.Read More

Apple is set to open its Siri voice assistant to other artificial intelligence services. This move will allow users to connect with AI platforms like Alphabet’s Gemini and Anthropic’s Claude directly through Siri. The change aims to boost Apple’s AI capabilities and position the iPhone as a versatile AI hub.Read More

FTSE Russell will lower the minimum free-float requirement for all companies in the FTSE UK Index Series to 10% from June 2026, aligning it with the London Stock Exchange’s rule. This change aims to better reflect the UK market by removing the disparity for non-UK companies, which previously faced a 25% threshold.Read More

Meta Platforms shares tumbled 7% after two verdicts found the social media giant liable for harm to young users. These rulings, totaling hundreds of millions in fines, could expose Meta to extensive litigation by targeting platform design, potentially leading to billions in damages and forcing significant business practice changes.Read More