Market News

Dalal Street poised for strong start as GIFT Nifty hints at robust gap-up opening

Indian stock markets faced pressure due to firm crude oil prices. The Nifty index remained below a key technical level for eight days, signaling a bearish trend. However, technical indicators suggest a potential recovery from current levels. Volatility eased slightly, offering some support. Foreign investors were net buyers, while the Indian Rupee touched a record low.

USD vs INR: Indian Rupee may depreciate to 96 per US dollar amid rising crude oil prices, global risk

The Indian rupee fell 20 paise to 95.43 against the US dollar amid geopolitical tensions and rising Brent crude prices, impacting oil-importing nations. Experts warn that prolonged currency weakness could worsen India's current account deficit and trigger further capital outflows.

Coal India Share Price Live Updates: Coal India Current Price and Performance Overview

ONGC Share Price Live Updates: ONGC's Current Market Status

Markets may stay range-bound; rising oil, inflation risks could cap upside: Kotak’s Pratik Gupta

Pratik Gupta, CEO and Co-Head at Kotak Institutional Equities said mid- and small-caps have already rebounded and are no longer cheap. In the current environment, he prefers large-cap stocks, which are better positioned to handle economic volatility.

How to become a successful trader in today’s volatile stock market

In such a dynamic environment, becoming a successful trader requires more than just luck—it demands discipline, adaptability, and a deep understanding of market behavior. Drawing insights from market experts and aligning them with current conditions, here are the key principles every trader should follow

Brent crude nears $110 a barrel as US weighs Iran proposal, Goldman raises forecast

Goldman Sachs now expects oil prices to average around $90 a barrel in the fourth quarter of the current financial year, higher than its previous forecast of $80. The firm now sees Gulf exports normalizing only by end-June from mid-May earlier.

Oil prices to stay at $80-85; ONGC, Oil India to benefit, OMCs at risk: ICICI Securities

Probal Sen, Oil and Gas Analyst at ICICI Securities, said the current environment is favourable for upstream companies such as ONGC and Oil India. He noted that their valuations are still factoring in lower crude prices, leaving room for upside. If oil holds around $80–85 per barrel, earnings could see a meaningful 17–18% upgrade in standalone EPS for both companies.

India can handle oil at current levels; financials may recover: Allspring’s Prashant Paroda

As geopolitical tensions around the Strait of Hormuz show signs of easing, Prashant Paroda, Portfolio Manager – Emerging Markets at Allspring Global Investments, believes markets are already factoring in a resolution. He adds that while Indian financials initially took a hit, recent earnings from HDFC Bank and ICICI Bank are in line with expectations, and stable loan growth could support a gradual recovery in the sector.

Prashant Jain: India resilient to oil shock, sees above-average returns from current levels

Prashant Jain, Founder & CIO of 3P Investment Managers, is more comfortable with largecaps. He believes small and midcaps have run ahead of fundamentals over the past couple of years, and even after the correction, valuations are not compelling at a category level.

Donald Trump says oil, gas prices could swing either way before midterms

Donald Trump has commented on the fluctuating prices of oil and gas. He believes these costs could either decrease or increase before the upcoming US midterm elections. This statement underscores the current unpredictability in global energy markets. Geopolitical tensions and supply disruptions are key factors influencing these price movements. The situation remains uncertain as the elections approach.

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.