Market News
Stay updated with the latest market trends, earnings, and economic indicators.
IEX share price surges over 3% following board's approval to launch Coal Exchange
Indian Energy Exchange shares surged 3% as it announced in-principle approval for a Coal Exchange. February saw a 30.4% growth in electricity trading volume to 12,550 million units and a 15.2% increase in renewable energy certificates traded.
Vodafone Idea, MRPL, YES Bank, Eternal— These are among the top most traded stocks on the NSE today
Vodafone Idea, Tata Silver Exchange Traded Fund, Mangalore Refinery and Petrochemicals (MRPL), YES Bank, Eternal, ITI, Dharan Infra-EPC, and Adani Power were among the most traded stocks, or most active stocks in terms of volume, on the NSE.
INR tumbles to new lifetime lows; Benchmark indices melt amid West Asia conflict and escalating oil prices
The Indian rupee slumped to close at a fresh record low of 92.37 (provisional) against the US dollar on Friday as crude oil prices crossed USD 101/barrel amid the raging West Asia conflict. A stronger greenback, heavy foreign fund outflows and sustained selling in the domestic equity markets further weighed on the rupee. At the interbank foreign exchange, the local unit opened at 92.33 and kept losing ground to hit a fresh intra-day low of 92.47 against the US dollar. It eventually settled at its lifetime low of 92.37 (provisional), down 11 paise from its previous close. Indian shares plunged on Friday to extend their recent string of losses as oil prices climbed back above $100 a barrel amid an ongoing conflict in West Asia involving Iran, Israel and the United States. The Sensex dropped by 1,470 points to close at 74,563, while the Nifty 50 fell 488 points, settling at 23,151.
$100 crude gives Rs 20 lakh crore shock to Nifty bulls this week. Best time to buy the fear?
Crude oil above $100 has wiped out Rs 20 lakh crore in equity wealth, hammering markets in India as the Iran conflict escalates. The rupee hit a record low, and FIIs continue to sell, yet experts and Axis Mutual Fund argue the panic may be creating a rare long-term buying window.
INR recovers from record lows but settles beyond 92/$ mark
The Indian rupee recovered from record low levels and settled with a loss of 16 paise at 92.17 (provisional) against the US dollar on Thursday as global crude oil prices stayed on an upward trajectory amid the raging war in West Asia. A stronger greenback and volatility in the domestic equity markets further weighed on the rupee, which was already on a weak footing in early trade due to heavy foreign fund outflows. Indian shares fell sharply on Thursday to extend losses from the previous session as the prospect of a quick end to the war in West Asia thinned and trade tensions resurfaced. At close, the Sensex declined 829.29 points, or 1.08 per cent, to settle at 76,034.42, taking its two-day decline to 2,171.56 points. While the Nifty slipped 227.70 points, or 0.95 per cent, to close at 23,639.15, it slipped 2.56% in two sessions. At the interbank foreign exchange, the local unit opened at 92.25 but kept slipping to touch its record intra-day low against the greenback at 92.36. ...
DSP Mutual Fund flags global shifts, expensive midcaps, IT lag: How investors may position portfolios
DSP Mutual Fund advises caution and diversification amid market risks like rising oil prices and high US equity valuations. AI spending by tech giants drives global markets.
Market Trading Guide: Apollo Pipes among 3 stock recommendations for Tuesday
Sensex and Nifty plunged nearly 2% as rising crude oil prices, weak global cues and escalating West Asia tensions triggered heavy selling. Foreign fund outflows and a weaker rupee added pressure. Analysts recommend Apollo Pipes, Aurobindo Pharma and Tata Steel for potential short-term gains.
Stocks to Watch for March 2: Oil Sensitives, Tourism Stocks, Gold Financiers, Tata Motors CV, and more
The US and Israel's attacks on Iran and the subsequent retaliation in the Middle East has thrown almost every sector in the spotlight for Monday. From Crude oil sensitives, to Metal stocks, to tourism stocks, and even stocks that have exposure to the middle east, such as L&T, Welspun Corp, Kalyan Jewellers, and others. Here's a look at this comprehensive list of stocks that will be in focus on Monday.
Commodity Corner: Crude oil claws back losses while gold pauses as traders watch US-Iran talks
Among other precious metals, silver declined 0.2 percent to $64.94 an ounce, while platinum and palladium traded lower.
Commodity Corner: Oil tumbles on US-Iran peace deal hopes; gold rallies 2%
Other precious metals also traded firmly, with silver jumping 3.2 percent, while platinum and palladium posted notable gains.
Commodity Corner: Oil surges on closure of Strait of Hormuz; gold hits six-month low
Other precious metals also remained under pressure. Silver declined 1.3 percent to $62.55 per ounce, while platinum traded lower. Palladium, however, was largely unchanged.
Live: Brent Hits $95 After US-Iran Escalation | Gold Slides | Nifty Set for Cautious Open| Opening Bell
Wall Street heads into the opening bell under pressure after a sharp selloff on Wednesday, with all three major U.S. indexes falling more than 1%. Technology and semiconductor stocks remained weak, while escalating tensions in the Middle East added another layer of uncertainty for investors. The Dow Jones Industrial Average tumbled 953 points (-1.87%) to 49,918.78, the S&P 500 dropped 119.66 points (-1.62%) to 7,266.99, and the Nasdaq Composite slid 509.32 points (-1.98%) to 25,169.50. Investor sentiment remains cautious as markets assess the implications of fresh U.S. strikes on Iran and Iran's announcement of the closure of the Strait of Hormuz. The developments have pushed oil prices sharply higher, raising concerns that elevated energy costs could fuel inflation and keep interest rates higher for longer. The U.S. dollar traded cautiously as investors balanced geopolitical risks against the Federal Reserve's rate outlook. Meanwhile, gold extended its decline, hitting a more than six-month low as rising oil prices and inflation fears dampened expectations for near-term monetary easing. Markets are expected to remain highly sensitive to geopolitical headlines, energy price movements, and interest-rate expectations as trading gets underway.