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Who wins from cheaper oil? These sectors could see the biggest earnings surprise
As West Asia heads for peace, after over 100 days of war, market participants expect a wide range of industries to gain from a return to normalcy, even as they keep a wary eye on the durability of a peace deal that is yet to be signed
Retail players can skip GIC Re's OFS: Analysts
Retail investors are advised to skip the government's offer for sale in General Insurance Corp of India. Analysts point to ongoing profitability challenges and headwinds in the reinsurance sector. The company's reliance on its investment portfolio for profits is a key concern. Despite a discount, the offer faces scrutiny.
India may take a leaf from China's book for oil pool
India may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims to protect the nation from future supply shocks. The proposal is in its early stages. Refiners might face substantial costs for storage and oil purchases. This policy could bolster India's energy security.
Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will open
GLOBAL-OIL:Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will open
Northern Oil & Gas options trading jumps to 3,687 contracts - Investing.com India
Northern Oil & Gas options trading jumps to 3,687 contractsInvesting.com India
Rupee appreciates for 3rd straight day on easing West Asia tensions
The rupee appreciated for the third straight session on Tuesday to close 5 paise higher at 94.53 (provisional) against the US dollar, supported by easing West Asia tensions and extended fall in crude oil prices. Forex traders said that with the reported de-escalation of the US-Iran conflict and diplomatic agreements regarding the Strait of Hormuz, the immediate threat to global energy supplies has significantly reduced. Moreover, softening of the US dollar and a decline in US treasury yields also supported the USD/INR pair, they said. At the interbank foreign exchange, the rupee opened at 94.69 against the US dollar and traded in the range of 94.48-94.71. Eventually, it settled at 94.53 (provisional), up 5 paise from its previous close. "We expect the rupee to trade with a positive bias as global markets cheer the US-Iran deal, which has boosted global risk sentiments. Declining US dollar and falling crude oil prices may further support the rupee. "Easing inflation concerns and ..
US-Iran Deal To Immediately Unlock Tehran's Crude Tap For Global Oil Market: Report
Washington will reportedly grant sanctions waivers allowing Tehran to resume sales of oil and fuel as soon as the agreement is signed.
SEEPCO supplies 6 million barrels of Nigerian crude to Indian refiners
Amidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's SEEPCO between March and May 2026. This move, utilizing crude from SEEPCO's Okwuibome field, bypassed the Strait of Hormuz, bolstering India's energy security during global uncertainty.
Assam CM Himanta Biswa Sarma virtually inaugurates PNG projects in Mangaldai, Tezpur
Assam Chief Minister Himanta Biswa Sarma inaugurated new natural gas projects to bring piped natural gas to homes and industries, and compressed natural gas to vehicles. This initiative promotes cleaner energy and reduces reliance on imported fuels.
Reliance Industries Share News (RELI) - Investing.com India
Reliance Industries Share News (RELI)Investing.com India
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian equities extended gains for a third straight session, with Sensex and Nifty rising on optimism over the Iran-US peace framework and lower oil prices. Broad-based buying in IT, realty, FMCG and oil & gas stocks supported the rally, while volatility eased sharply.
US Stock Market Today: Dow Hits New Record As Oil Cools; S&P 500, Nasdaq Little Changed
Crude oil prices corrected sharply as Iran and United States approached the formal signing of a truce deal agreement.