Market News
Stay updated with the latest market trends, earnings, and economic indicators.
India may soon let consumers choose ethanol-blended petrol based on their cars: Report
Consumers will soon have more choices at petrol pumps across India. New ethanol-blended petrol variants like E20, E22, E25, and E30 will become available. This move aims to reduce crude oil imports and enhance energy security. Vehicle owners can select fuel based on their car's compatibility.
Wall Street Hits Fresh Records as Oil Prices Tumble on U.S.-Iran Ceasefire hopes
The S&P 500, Dow, and Nasdaq all set new highs, fueled by falling crude prices, stronger-than-expected corporate earnings and easing Treasury yields amid cooling geopolitical tensions.
Dollar index surges back near 99.50 amid fresh strikes between US and Iran
The dollar index surged back overnight and extends upside on Thursday morning in Asia amid signs of fresh strikes between US and Iran. The exchange of attacks between the US and Iran has significantly dented optimism towards a permanent peace deal. The resumed military strikes has also resulted in an increase in oil prices, that could boost inflation expectations further move towards a hawkish Federal Reserve stance. The dollar index that measures the greenback against a basket of currencies is quoting at 99.50, up 0.35% on the day. Investors will now focus on the US Personal Consumption Expenditure Price Index (PCE) data for April, which will be published later today, for further cues.
Reliance Industries shares to be in focus tomorrow as Mukesh Ambani-led firm announces AGM date, dividend record date
Reliance Industries will hold its 49th AGM on June 19, 2026, at 2 PM via video conferencing. The record date for the final dividend for FY26 is set for June 5, 2026. The company faces scrutiny amid declining share prices and evolving consumer and digital businesses.
ONGC yet to take control of Cambay Block as Vedanta challenges govt move
ONGC has not yet taken control of the Cambay basin block CB-OS-02. Vedanta is challenging the government's decision to reject the contract extension. The Delhi High Court has ordered parties to maintain the status quo. Vedanta continues to operate the block pending the court's decision. ONGC remains ready to assume operations.
Gulf Oil Lubricants India consolidated net profit declines 2.65% in the March 2026 quarter
Sales rise 10.76% to Rs 1055.26 crore
Oil Rebounds as US Hits Hormuz Targets and Kuwait Repels Drones
Oil advanced, following a drop of more than 5% on Wednesday, on fresh strikes in the Persian Gulf, while Washington and Tehran remained at odds over how to reopen the Strait of Hormuz.
Bharti Airtel, HAL, among 7 stocks that have upside potential of up 28%. Do you own any?
Amid rising geopolitical tensions, surging crude oil prices and continued FII outflows, ICICI Securities has identified seven largecap stocks with strong upside potential. The brokerage believes these sector leaders, backed by robust fundamentals and long-term growth visibility, could outperform despite volatile market conditions and uncertain investor sentiment.
Asia shares take a breather as Gulf hostilities drag on
Asian shares slip as a new US strike in Iran lifts oil and Treasury yields, investors eye US PCE inflation data and shifting Fed rate expectations, dollar firms, gold eases.
Gold, Silver prices tumble amid fresh US strikes on Iran, strong US dollar; should investors worry now?
Gold is trading near $4,450, and silver around $72 to $78.50, as rising oil prices and geopolitical tensions impact inflation outlook and investor sentiment.
Three oil, LNG tankers exit Hormuz with transponders off
Two supertankers and an LNG tanker, with transponders off, exited the Strait of Hormuz bound for India and China. These vessels, carrying crude oil and naphtha, are heading to ports in China and India, despite overall limited traffic through the key waterway. The ongoing conflict has significantly impacted shipping in the region.
US adds Persian Gulf Strait Authority to sanctions list, Treasury website shows
The US has imposed new Iran sanctions, targeting the Persian Gulf Strait Authority, responsible for managing passage through the vital Strait of Hormuz. This move comes as Iran's control over the waterway, crucial for global oil, has caused economic instability. The authority recently asserted Tehran's territorial claims in the region.