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Camelian's Vikas Khemani sees manufacturing as India's biggest long-term opportunity
Vikas Khemani, Founder of Carnelian Asset Management and Advisors, said market weakness caused by geopolitical tensions and higher oil prices is temporary and expects conditions to improve once energy concerns ease.
Oil may stay expensive even if West Asia tensions ease, pressure OMCs: ICICI Securities
Probal Sen, Oil and Gas Analyst at ICICI Securities believes global energy supply chains have structurally changed after the Middle East conflict. India is increasing crude imports from Venezuela, Russia, the US and Africa to manage shortages, but cheap crude is no longer available.
BofA prefers oil producers over refiners as crude prices stay elevated
Bharat Subramanian, Senior Analyst (Energy) at BofA Global Research, expects oil marketing companies to report negative marketing margins during the current year.
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.
Oil Prices On June 2: Brent Crude Steadies Below $95 As US-Iran Talks Enter Another Phase of Uncertainty
The lack of clarity around the extension of the current ceasefire has created sharp swings in oil prices over recent weeks.
8 PM Market Curfew: Pakistan Revives Covid-Era Playbook To Navigate Oil Price Shock
The Pakistani government says the decision was taken as part of energy-saving and cost-cutting measures.
ATF prices for international airlines slashed 27%; domestic rates unchanged
International airlines see a significant 27 percent cut in jet fuel prices. Domestic carriers, however, continue to pay unchanged rates. Commercial LPG prices have reached record highs. Household LPG and fuel prices for petrol and diesel remain steady. These revisions reflect monthly price reviews by state-owned oil companies amidst global energy market shifts.
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.
EU Weighs Temporary Freeze on Russia Oil Price Cap Over Iran
The freeze would keep the price cap at the current rate, thereby limiting the windfall Russia is pocketing from current high oil prices.
Market Trading Guide: YES Bank among two stock picks for Monday with up to 10% upside scope
Equity markets saw broad-based selling pressure after weak monsoon forecasts raised concerns over food inflation, though falling crude oil prices and easing bond yields helped limit downside risks. Investors now await key domestic triggers, including the RBI policy decision and GDP data, while analysts have flagged YES Bank and NBCC as stocks with strong short-term bullish momentum and upside potential.
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.
GIFT Nifty signals muted start for Dalal Street amid cautious trade
Indian markets traded flat on Wednesday, influenced by derivatives expiry and geopolitical tensions. Analysts suggest a cautious recovery hinges on stable crude oil prices and receding energy supply concerns. However, renewed US-Iran tensions and military strikes have revived geopolitical risk premiums, narrowing the path for further gains.