Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Brent Slumps Over 3%, US Crude Oil Retreats To $92 As Trump Hints At Nearing Deal To End Iran War
Brent crude futures were trading down 3.51% at $94.38 per barrel after falling as low as $94.33 during the session.
Government rolling out 100 ethanol fuel stations in Delhi-NCR, Maharashtra: Hardeep Singh Puri
India is expanding its network of ethanol fuel stations across Delhi-NCR, Pune, Mumbai, and Nagpur. This initiative aims to significantly reduce the country's reliance on imported fossil fuels. The government plans to increase the number of these stations to 500 by the end of 2026 and anticipates 5,000 by 2027. This move supports cleaner fuel alternatives and boosts farmer income.
'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.
India's ageing ammonia plants need upgradation, says industry body FAI
India's fertiliser sector faces a challenge with its heavy reliance on imported natural gas. The Fertiliser Association of India is urging for improved efficiency and new technology in ammonia production. This is crucial for strengthening domestic fertiliser security. The industry is working towards better plant operations and maintenance.
Reliance traders said to game plan in case RBI raises rates
Reliance Industries' treasury department is exploring strategies to manage its cash reserves amid potential interest rate hikes by the Reserve Bank of India. Traders are considering shifting funds to short-dated money market instruments, anticipating capital gains as yield spreads are expected to narrow. The company's discussions precede an upcoming RBI rate decision, with markets anticipating potential hawkish measures.
India's data centre capacity could hit upper end of 5-8 GW target by 2030; Adani, Reliance best placed, says Bernstein
India’s data centre capacity could expand to the upper end of the projected 5-8 GW range by 2030 from about 1.5 GW currently, according to Bernstein. The brokerage sees Adani Group and Reliance Industries as best positioned to benefit, citing their access to land, power infrastructure and transmission networks.
Reliance Power Ltd soars 1.37%, up for third straight session
Reliance Power Ltd is quoting at Rs 27.45, up 1.37% on the day as on 12:49 IST on the NSE. The stock is down 54.92% in last one year as compared to a 5.46% gain in NIFTY and a 13.15% gain in the Nifty Energy index.
Oil Market Update: Olive Branch Diplomacy Meets Physical Reality - Investing.com India
Oil Market Update: Olive Branch Diplomacy Meets Physical RealityInvesting.com India
Hero MotoCorp shares rise 3% as firm unveils India's first 100cc flex-fuel motorcycles. Check details
Hero MotoCorp shares gained 3%, after launching India's first flex-fuel motorcycles, the Splendor+ and HF Deluxe, supporting sustainable mobility and India's transition to cleaner fuels. These 100cc bikes are compatible with E20 to E85 ethanol blends, aiming to reduce carbon footprint and crude oil imports. The company plans a phased nationwide rollout starting July 2026.
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.
'India to pilot hydrogen buses, trucks on 10 roads; Reliance, Tata, NTPC among partners,' says Nitin Gadkari
India is launching a pilot project for hydrogen-powered buses and trucks on ten roads. Major companies like Reliance and Tata are partnering in this initiative. The country aims to become an energy exporter, moving beyond imports. This marks a significant step in India's energy transition, with flex-fuel vehicles also set for expansion.
Sensex recovers 700 points from day’s low, Nifty rises above 23,450. 5 key factors behind market rebound
Indian stock markets staged a strong comeback, with Sensex and Nifty recovering significantly from morning lows. Falling oil prices, a strengthening rupee, and potential scrapping of capital gains tax on FPI investments in government securities boosted investor confidence. Broader markets also saw a sharp rebound, indicating positive sentiment despite recent foreign investor outflows.