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Oil Imports In Focus As Venezuela Acting President Visits India From June 3-7
Delcy Rodriguez, acting president of the Republic of Venezuela.
Gold, silver rates today: Comex gold jumps $65/oz; silver rebounds $2 as oil prices retreat and dollar weakens
Precious metals rebounded on June 2 as crude oil prices fell and the US dollar weakened. Gold rose $65 to $4,571 and silver gained $2.1 to $77.35.
Market Trading Guide: Parag Milk among two stock recommendations for Wednesday
Benchmark indices ended a volatile session near the 23,500 mark as buying emerged from key support levels. Analysts have recommended Chennai Petroleum and Parag Milk Foods for Wednesday, citing strong bullish breakouts, rising volumes, favorable moving average alignment and improving technical momentum.
US stock market today: Nasdaq, S&P 500 edge lower as Middle East tensions keep markets on edge
US stock futures showed a muted start as tensions in the Middle East affected investor sentiment. S&P 500 futures dipped 0.1%, while Nasdaq futures fell 0.1%. Despite the market's recent record highs, concerns over rising oil prices and tech stock performance lingered.
INR settles lower as global crude oil prices stay elevated amid Middle East turmoil
The Indian rupee depreciated 15 paise to close at 95.34 (provisional) against the US dollar on Tuesday, as global crude oil prices jumped and the American currency remained firm amid massive safe-haven inflows. Significant foreign fund outflows also weighed on the investor sentiments. At the interbank foreign exchange market, the rupee opened at 95.16 against the US dollar, then touched an intraday high of 95.03 and a low of 95.37. Indian shares closed higher on Tuesday, staging a rebound after four days of losses as investors assessed mixed signals over the status of U.S.-Iran peace talks and awaited upcoming RBI rate decision. The Nifty 50 gained 100.95 points (0.43%) to close at 23,483.55, while the Sensex rose 382.50 points (0.52%) to settle at 74,649.84.
Adani Ports records 16% YoY growth in May'26 cargo volumes
Adani Ports and Special Economic Zone announced that it has handled 48.3 million metric tons (MMT) of total cargo in May 2026, which is higher by 16% on a year-on-year (YoY) basis.
Oil, EUR/USD Forecast: 2 Trades to Watch - Investing.com India
Oil, EUR/USD Forecast: 2 Trades to WatchInvesting.com India
ADNOC trading chief Philippe Khoury flags August as tipping point for oil prices if Iran war supply crisis persists
Oil prices may surge significantly in August claimed ADNOC's chief. This could happen if demand increases and the Iran war supply issues continue. Experts suggest it might take a year for supply chains to fully recover. Transit through the Strait of Hormuz will remain affected as long as peace remains uncertain.
Metal stock Rajputana Stainless trades green after strong FY26 business update
Rajputana Stainless share price rose by over 4% on 2 June after strong Q4 earnings and a proposed final dividend of â‚ą0.50 per share. Q4 net profit rose 58.47% to â‚ą13.10 crore, while FY26 profit grew 25.01% to â‚ą49.82 crore.
Rupee may weaken towards 98 as oil and US yields pressure EMs: David Hauner of BofA Securities
David Hauner, Head-Global EM Fixed Income Strategy at BofA Securities, remains structurally bullish on emerging markets over the long term despite near-term headwinds. He expects oil prices to ease, the US dollar to weaken and capital flows to gradually return to emerging market assets next year.
Reliance and SoftBank-backed Netradyne in advanced talks with top GCCs
Netradyne's diversification push comes amid rising global uncertainties, including tariff-related concerns and the West Asia, affecting businesses worldwide.
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.