Market News
Stay updated with the latest market trends, earnings, and economic indicators.
GE Shipping ends higher after sigining deal to acquire secondhand tanker
Great Eastern Shipping Company jumped 2.40% to end at Rs 1,417.60 after the company contracted to buy a secondhand Long Range 2 Tanker of about 110,000 deadweight tonnage (dwt), further strengthening its fleet.
Deal done, but don't count on cheap Oil yet; cautions Mirae Asset Sharekhan
Shipping data firm Kpler estimates that daily transits may rise to around 40 vessels within the first month - less than half the pre-war average of 100, says Mohammed Imran, of Mirae Asset Sharekhan.
Here's how oil sensitive stocks could react to reopening of Strait of Hormuz, Nomura explains
Nomura said state-run oil marketing companies (OMCs), city gas distribution (CGD) players and Petronet LNG are likely to be among the biggest beneficiaries if shipping through the strategically important waterway normalises.
Indian LNG carrier Disha crosses Hormuz
An Indian LNG carrier, Disha, has successfully navigated the Strait of Hormuz. This marks the first Indian LNG tanker to cross the war-affected shipping lane since the conflict began over three months ago.
Disclosure Day India Box Office: Steven Spielberg's Sci-Fi Thriller Opens Below Expectations, Eyes Weekday Recovery
Emily Blunt stars in Disclosure Day.
40-50 Days Delay? Hormuz Reopens But Sea Mines Threat Keeps Shipping Normalcy Weeks Away
Western security officials estimate a 40-50 day operation to clear potential mines in the Strait of Hormuz following the US-Iran peace accord.
Ashok Leyland, Tata Motors and other CV stocks soar up to 9%. What’s triggering the surge?
US and Iran have reached an initial peace agreement to end their nearly four-month conflict, restore shipping through the Strait of Hormuz, and ease global energy disruptions. The deal, to be signed in Switzerland on June 19, also covers broader regional issues including Lebanon. This development has boosted market sentiment as oil supply concerns begin to ease.
IndiGo, SpiceJet and other tourism stocks surge up to 7% as US-Iran deal lifts sentiment
Indian airline and travel stocks up to 7% surged as U.S. President Trump announced an initial agreement to end the war and reopen the Strait of Hormuz. This development is expected to ease geopolitical tensions, potentially reducing operating costs for airlines and restoring travel sentiment. Investors anticipate a normalization in global travel and aviation as shipping routes reopen.
Kospi jumps 6% as US-Iran peace deal triggers super surge; index up over 100% YTD
South Korean stocks jumped 6% on Monday as easing geopolitical tensions lifted global risk sentiment after the US and Iran reached an initial agreement to end their nearly four-month conflict and restore shipping through the Strait of Hormuz. The KOSPI is now up more than 100% in 2026, led by chip giants Samsung and SK Hynix, which extended their stellar rally.
Electronics makers face component shortages as Gulf shipping crisis hits production
Indian electronics manufacturers are currently grappling with a critical shortage of essential components like microprocessors and batteries. The delays in shipping due to vessel shortages are wreaking havoc on production timelines. Firms are now compelled to keep a vigilant eye on their supplies, as they face rising costs for certain parts.
Shipping authority directs placement agencies to restrict deployment of Indians in conflict zone
Indian seafarers are being restricted from deployment to conflict zones. This directive follows a US military strike on a commercial vessel off the Oman coast. Three Indian crew members were killed in the incident. The Directorate General of Shipping issued the advisory to maritime recruitment agencies. Masters of vessels in the Gulf region are urged to maintain high security awareness.
Restrict Deployment Of Indians In Conflict Zone: Shipping Authority To Placement Agencies
Naval officials as INS Sharda departed Colombo, Sri Lanka, after a port call that strengthened maritime cooperation and friendship between India and Sri Lanka.