Market turbulence offers chances to buy. Vikas Khemani of Carnelian Asset Management sees opportunity in corrections. He highlights banks, consumer sectors, and pharmaceuticals as attractive. PSU banks also present value. Khemani advises a long-term view, noting Indian economic fundamentals are strong. Short-term price drops in good companies are chances to invest.Read More

The surge in crude oil prices triggered a sharp selloff in Indian equities on Monday. The benchmark BSE Sensex fell nearly 2,400 points shortly after opening, while the Nifty 50 dropped more than 700 points, before recovering some of the losses. All sectoral indices were trading in the red.Read More

Global markets are grappling with a surge in crude oil prices, with Brent crude exceeding $100. Strategists note that markets are already digesting this shock, impacting Asian markets significantly. India, however, may face less downside due to its recent economic efficiency and ability to purchase Russian oil, though the duration of the conflict remains a...Read More

The India VIX nearly doubled in a month, reflecting rising fear among investors amid geopolitical tensions and global uncertainty. Surging crude prices and persistent foreign selling have triggered sharp equity declines, with the Nifty 50 down 8%, keeping markets volatile and investors cautious.Read More

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

Shares of PG Electroplast fell sharply after the company flagged a gas shortage under its supply agreement due to maritime restrictions linked to the Middle East conflict. The disruption has led to curbs on LPG allocations, prompting the firm to explore alternative supplies while assessing the potential impact on production and customers.Read More

Cupid Limited shares appeared to crash nearly 80% after adjusting for a 4:1 bonus issue, but actually rose over 15%. The stock opened at Rs 82 and rallied to Rs 92.90, despite the broader market decline. This corporate action, while adjusting the per-share price, does not alter the total value of shareholders’ holdings.Read More

The Indian rupee is under pressure due to global geopolitical tensions and soaring crude oil prices. Currency markets are watching the Reserve Bank of India’s next move. Traders expect continued volatility as the dollar strengthens and oil import demand rises. The rupee could weaken further if tensions persist and oil prices remain high. The RBI’s...Read More

Japan’s stock market experienced a sharp decline. The Nikkei index fell over 5% to a one-month low. This selloff was driven by a surge in oil prices, sparking fears of inflation and economic slowdown. Investors are now questioning the market’s upside potential. Chip and bank shares tumbled, with all industry sub-indices on the Tokyo Stock...Read More

Australian shares experienced a sharp 3% decline, losing over $138 billion as surging oil prices fueled inflation fears. The S&P/ASX 200 index hit its lowest point since December. Miners and financials bore the brunt, while energy stocks saw gains. Investors are bracing for prolonged high energy costs amid Middle East tensions.Read More