Market News
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Abu Dhabi Proposes New Offshore-Oil Pricing After War Shock
Abu Dhabi National Oil Co.'s crude-marketing team has spoken with refiners and traders about the changes and traveled recently to Singapore to explain the proposals.
U.S. Stocks Tick Up as Oil Eases on Hopes for Iran Deal; Nvidia Leads Gains
Markets trimmed June losses after a late rally: S&P 500 +0.8%, Dow set a record, Nasdaq +1.5%; Brent falls on Doha talks, 10‑yr yield edges up to 4.44% amid Fed rate worries and a weak yen.
Reliance Power shares soar 18%, snap 4-day losing streak. What’s triggering the sharp surge?
Reliance Power shares rose sharply on Wednesday, snapping a four-day losing streak after the company announced plans to expand into artificial intelligence and technology-driven businesses through its subsidiaries. The company renamed four subsidiaries to reflect the AI-focused strategy, boosting investor sentiment despite weak recent financial performance.

TVS Motor, Dixon Tech In, Reliance, M&M Out: Which Stocks Made It Into Macquarie's New India Portfolio?
The biggest changes came in the brokerage's tactical portfolio, where it introduced Axis Bank, Hyundai Motor India and Dixon Technologies, while removing Shriram Finance, Reliance Industries and Coal India.
Disney pumps Rs 123 crore into JioStar India in fresh FDI
Walt Disney's Star Group injected Rs 123 crore into JioStar India via FDI, bolstering the Reliance-Disney joint venture. This follows substantial prior investments by Disney, totaling Rs 3,847 crore in the current fiscal year. Despite reporting equity losses from the venture, Disney's continued financial commitment highlights its strategic interest in the Indian media landscape. The information and broadcasting sector saw significant FDI inflows during the quarter.
Jet fuel price cut by Rs 5/litre as global oil prices ease
A significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by falling international crude oil rates and easing West Asian tensions, is expected to lower operating expenses for domestic carriers. Meanwhile, commercial LPG cylinder prices also saw a substantial cut of Rs 183.50, marking the first reduction this year, while domestic LPG rates remain steady.

Airfare To Get Cheaper? Jet Fuel Prices Cut To Rs 110/Litre — Check Details
Oil marketing companies have slash aviation turbine fuel prices by Rs 5 per litre.

SENSEX, NIFTY50 edge higher led by Mahindra & Mahindra, Reliance Industries - Upstox
SENSEX, NIFTY50 edge higher led by Mahindra & Mahindra, Reliance IndustriesUpstox

Rupee weakness eases against dollar amid improving macro signals
Indian rupee opens slightly weaker at 94.68 against US dollar as lower oil prices, RBI measures and returning foreign investors lift optimism for Indian markets.
Sensex rises over 150 points, Nifty above 23,900 as investors weigh Iran tensions, weak monsoon concerns
Indian stock markets opened the second half of 2026 with modest gains after recent declines. Investors are closely watching escalating US-Iran tensions, which are impacting oil prices, and a concerningly weak monsoon season. Analysts suggest adjusting portfolios towards fixed income and monsoon-proof sectors like healthcare and defense to mitigate potential fallout from the dry spell.

Petrol, Diesel Prices On July 1: Check New Fuel Rates In Mumbai, Hyderabad, Chennai, Kolkata, And More
Fuel prices in India depend on several factors, with global crude oil prices being the most significant as crude is the primary raw material used to produce petrol and diesel.