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Emkay raises FY27 Brent crude forecast to $90/bbl, cuts GDP outlook to 6.3%
Emkay Global has raised FY27 Brent crude oil price forecast to $90 per barrel citing West Asia tensions and inventory depletion. It has cut India's GDP growth outlook to 6.3 per cent
'Perfect Complementarity': Govt Hints At Major Bump In Oil Imports From Venezuela
MEA said Venezuela has already emerged as India's third-largest crude oil supplier.
IME Capital's Ashi Anand bets on AI-linked capital goods firms, exits IT and real estate
Ashi Anand, Founder and CEO of IME Capital, said his firm has allocated around 10% of its portfolio to companies connected to global power equipment and infrastructure supply chains serving major international manufacturers. He is also building exposure to the GLP-1 and consumer themes. Anand remains cautious on markets due to geopolitical risks, warning that prolonged disruption around the Strait of Hormuz could push oil prices higher and weigh on India's inflation and trade balance. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy security
Maruti Suzuki has launched India's first flex-fuel passenger car, the Wagon R. This move aims to significantly cut crude oil imports and lower carbon emissions. The technology supports farmers and rural communities, linking agriculture with clean mobility. This initiative is a key step towards India's energy security and self-reliance. The company is committed to cleaner mobility solutions.
Top Gainers & Losers on June 3: TCS, Coforge, PB Fintech, JM Financial, Tata Elxsi, Thermax among top losers today
The Indian stock market fell on June 3, with the Nifty 50 down 0.36% and the Sensex down 0.54%. Rising crude oil prices and escalating Middle East tensions contributed to the decline, impacting investor confidence and market sentiment.
Crude oil prices gain as US-Iran peace deal remains elusive; Brent tops $97/bbl. Where are they headed next?
US-Iran war: MCX crude oil price rose as much as 1% to ₹9,039 per barrel. Here's what's driving the crude oil prices today, along with experts opinion on near-term outlook.
Strong earnings: Vedanta, JSW Steel among 10 largecaps that reported best Q4 results
Indian markets conclude the Q4 earnings season with robust results. Vedanta, JSW Steel, Muthoot Finance, Indian Oil Corporation, Tata Steel, Hindustan Zinc, Samvardhana Motherson, Mahindra & Mahindra, Siemens Energy, and BPCL reported significant year-on-year growth in profits and revenues. This widespread outperformance across various sectors signals a strong financial performance for these large-cap companies.
Crude oil prices continue to rise amid ongoing US-Iran talks; brent near $95/bbl. What's the outlook?
US-Iran war: Crude oil prices on Multi Commodity Exchange (MCX) witnessed downward movement. MCX crude oil prices fell as much as 0.16% to ₹8,725 per barrel.
AI Momentum, Oil Relief, And Nifty's Next Move | Niraj Shah Decodes Global Crosscurrents
Indian equities are starting the new month and derivatives series in a consolidation mode.
US stock markets this week: S&P 500 posts 9th straight weekly gain as tech stocks power markets to new records
US stock markets closed at record levels amid easing geopolitical tensions and lower oil prices. The S&P 500 marked its fourth consecutive record high, while technology stocks, driven by AI growth, led the rally despite concerns over ongoing Middle East tensions.
Trade Setup For May 29: Nifty's To Find Immediate Resistance At 24,000 Level Amid Oil Price Slide
On the flipside, the immediate support for Nifty is placed in the 23,720-23,700 zone, said , Head of technical and derivatives research at SBI Securities, Sudeep Shah.
Reliance warns of a volatile oil market in FY27, bets on gas and green chemicals for growth
In the upcoming financial year FY26-27, Reliance Industries Limited is preparing for a potential slump in global oil demand, driven by high crude prices, economic slowdowns, and geopolitical unrest in the Middle East. However, the company is positioning itself to seize a long-term opportunity in the energy and materials sectors.