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Stock Market Highlights, Sensex Today: Sensex Closes 700 Points Higher As Oil Prices Fall On US-Iran Peace Deal - NDTV
Stock Market Highlights, Sensex Today: Sensex Closes 700 Points Higher As Oil Prices Fall On US-Iran Peace DealNDTVClosing Bell: Sensex jumps 736 pts, Nifty closes above 23,800 on US-Iran peace deal announcementMoneycontrol.comIndia shares higher at close of trade; Nifty 50 up 0.98%Investing.com India
Dollar index retreats amid reduced safe haven demand as Trump signals peace agreement with Iran
Dollar index is trading mildly lower on Friday, weighed down by reduced safe-haven demand as President Donald Trump said a peace agreement with Iran could be signed as soon as this weekend. According to Trump, the agreement would safely reopen shipping lanes through the critical Strait of Hormuz and include firm commitments from Iran to forgo the development of nuclear weapons, media reports stated. Sharp drop in oil prices amid improving optimism of a peace deal could ease concerns about stubborn inflation and the need for interest rate hikes in near futures is adding pressure on the greenback. The yield on the US 10-year Treasury note hovered around 4.47% on Friday. At the time of writing, DXY that measures the greenback against a basket of currencies is quoting at 99.55 after having hit 100 at the start of the week. For the week, DXY is down around half a percent.
Stable crude, strong metal demand and El Nino plays drive opportunities: Motilal Oswal's Khemka
Siddhartha Khemka, Head of Research-Wealth Management at Motilal Oswal Financial Services, says easing geopolitical tensions could keep crude oil prices stable, supporting oil marketing companies. He remains positive on GNG Electronics due to strong growth prospects in refurbished electronics and prefers Hindalco among aluminium stocks, citing a multi-year demand cycle. Khemka also sees long-term value in Manappuram Finance and believes Voltas and Varun Beverages could benefit from a potential El Niño-led heatwave.
Petrol, Diesel Prices Today On June 12: Check New Rates In Delhi, Mumbai, Kolkata, Chennai
Fuel prices in India depend on several factors, with global crude oil prices being the most significant as crude is the primary raw material used to produce petrol and diesel.
Wall Street posts best rally in 2 months after Trump halts strikes on Iran
US stocks rallied to their best day in two months, and oil prices fell Thursday after President Donald Trump called off his threat to bomb Iran in the evening. That raised hopes for a potential deal that could get the global flow of oil going again. The S&P 500 jumped 1.8%, coming off a back-to-back drop that had yanked it back to where it was in early May. The Dow Jones Industrial Average leaped 929 points, or 1.9%, and the Nasdaq composite rallied 2.5%. Stocks immediately veered higher in midday trading after Trump said on his social media network that "discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved" and that the time and place of a signing will "be announced shortly." A deal to end the war with Iran could reopen the Strait of Hormuz and allow oil tankers to carry crude again from the Persian Gulf to customers worldwide. The price for a barrel of benchmark US crude sank 2.6% to $87.71. Brent crude, the ...
Oil falls to two-month low as Trump says Iran deal could be signed this weekend
According to media reports, Iran has not yet approved any draft agreement with the United States. The US military carried out a second day of strikes on Iran on Thursday after Trump accused Tehran of delaying negotiations over an interim peace arrangement.
US Stock Market Today: Dow Jones, S&P Rise As Oil Slides; Nasdaq Surges As Chip Stocks Extend Rebound - NDTV Profit
US Stock Market Today: Dow Jones, S&P Rise As Oil Slides; Nasdaq Surges As Chip Stocks Extend ReboundNDTV Profit
Sensex jumps 217 pts; Nifty trades below 23,200 level; VIX tanks 6.12%
The Nifty traded above 23,200 level. PSU Bank, bank and financial services shares advanced while IT, oil & gas and media shares declined.
Petrol, Diesel Prices On June 9: Check New Rates In Mumbai, Delhi, Hyderabad, Kolkata, Bengaluru, And Chennai
Fuel prices in India depend on several factors, with global crude oil prices being the most significant as crude is the primary raw material used to produce petrol and diesel.
Stocks to watch today: Oil India, ixigo, ZEEL, GE Vernova, Amber Ent
Stocks to watch today: Oil India, ixigo, ZEEL, GE Vernova, Amber Enterprises, HCLTech, RailTel, Andhra Cement, Tata Steel, Tata Motors, among others, will be in focus today.
Petrol, Diesel Prices On June 8: Check New Rates In Mumbai, Delhi, Hyderabad, Kolkata, Bengaluru, And Chennai
Fuel prices in India depend on several factors, with global crude oil prices being the most significant as crude is the primary raw material used to produce petrol and diesel.
Market ends with minor cuts; Nifty settles below 23,400 level
The Nifty settled below the 23,400 mark. Metal, IT and oil & gas stocks witnessed selling pressure, while media, healthcare and realty shares attracted buying interest.