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Global exchange operators no match to multibagger MCX's 150% returns. What is keeping investors hooked?
MCX has delivered over 150% returns in a year, far outperforming global exchange operators, as structural reforms, rising derivatives volumes and strong retail participation boost its earnings outlook. Experts say its monopoly in commodity derivatives and improving operational performance continue to fuel investor interest despite stretched valuations.
Rupee rises against dollar in early trade: Factors driving the currency today
Indian rupee opens stronger at 93.17 per dollar as softer crude prices, easing geopolitical tensions and improved global risk sentiment support the currency.
Gold, silver edge higher as easing oil prices and global risk sentiment shape trade
Gold and silver rise as oil steadies, COMEX gold up 0.41% to $4869.90, silver up 1.22% to $80.50, boosted by softer inflation and weaker dollar.
Gold falls to near one-week low; silver drops over 2% on MCX
Gold and silver futures fell in India, tracking global declines as a stronger US dollar and surging oil prices cut rate cut hopes and pressured bullion despite West Asia tensions.
INR settles lower amid lingering geopolitical uncertainties; RBI measures help retain support near 3-week high
The Indian rupee pared initial gains and settled for the day 24 paise lower at 92.76 (provisional) against the US dollar on Friday, weighed down by risks from rising global tensions, especially the US-Iran conflict. Rupee witnessed high volatility as the deadline for the RBI's instructions to banks to curb their overnight positions to USD 100 million closes on Friday amid heightened geopolitical uncertainty. At the interbank foreign exchange market, the rupee opened at 92.58 against the US dollar, then lost ground to touch an intra-day low of 92.76 against the greenback. It also hit the day's high of 92.41 during the session. Indian shares rallied on Friday in a broad market rally even as fresh Israeli strikes on Lebanon cast doubt over the durability of the fragile U.S.-Iran ceasefire. The Sensex closed at 77,550.25 and the Nifty 50 ended at 24,050.60.
China uses West Asia conflict to advance yuan's global payments debut
Beijing challenges US financial dominance across currency, messaging and settlement systems; even if Iran sanctions ease and dollar trust recovers, the yuan push will persist for future crises
Government pushes faster PNG rollout amid Gulf crisis
India is pushing for more piped gas connections. Oil Secretary Neeraj Mittal has asked city gas companies to speed up adding household connections. This comes as the government eases rules for infrastructure. The move aims to reduce reliance on imported fuel. Recent global events highlighted vulnerabilities in current supply chains.
Reliance caps fuel sales at $11 per pump amid growing shortages
West Asia War: Reliance Industries is limiting fuel purchases at its retail stations. Customers can buy only about $11 worth of gasoline or diesel per visit. This move aims to manage supply amid ongoing Middle East crisis disruptions. Other fuel retailers are also facing challenges. India imports most of its oil, making it vulnerable to global supply issues.
Akshar Spintex Ltd leads losers in 'B' group
Eurotex Industries and Exports Ltd, Sprayking Ltd, Varvee Global Ltd and Bhandari Hosiery Exports Ltd are among the other losers in the BSE's 'B' group today, 09 April 2026.
Oil retailers losing Rs 21 per litre on petrol and Rs 28 on diesel: Jefferies
Indian state-run oil companies are facing significant losses on fuel sales, with petrol and diesel losses reaching Rs 21 and Rs 28 per litre respectively, despite a recent excise duty cut. Surging global refining margins, driven by Middle East supply disruptions and Russian infrastructure damage, have exacerbated the situation, leading to frozen retail fuel prices.
Rupee strengthens ahead of RBI policy as oil slump, ceasefire lift sentiment
Rupee strengthens to 92.64 per dollar before RBI decision, helped by lower oil prices, global equity rally and Iran ceasefire easing Hormuz disruption fears.
Rupee near 93 against dollar amid oil spike, global jitters
Rupee slips 17 paise to 93.07 per dollar on strong dollar, high oil and foreign outflows, RBI curbs speculation, currency seen range bound before policy decision.