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US-Iran exchange fire at Strait of Hormuz| Oil prices resume climb | Nifty finds resistance at 24350
Global markets remain on edge as rising US-Iran tensions near the Strait of Hormuz push oil prices higher and trigger volatility across equities. Dow Jones Industrial Average, S&P 500 and Nasdaq Composite see profit booking while Brent crude stays above $100/barrel. Back home, NIFTY 50 struggles near key resistance, even as midcaps hit record highs. Markets also react to major earnings from State Bank of India , Titan Company , Bank of Baroda and others. Stay tuned for market outlook, top stocks, crude oil movement, rupee action, and global cues driving today’s trade.
Buy Bank of Baroda; target of Rs 350: Emkay Global Financial
Emkay Global Financial is bullish on Bank of Baroda has recommended buy rating on the stock with a target price of Rs 350 in its research report dated May 11, 2026.
Bank of Baroda shares fall over 4% after lender settles NMC Health litigation for Rs 5,700 crore
The settlement covers proceedings before the Abu Dhabi Global Market Court of First Instance and the High Court of Justice of England & Wales relating to the insolvency of the NMC entities