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Stock Markets End in Green Buoyed by Falling Oil Prices and Positive Global Cues - Rediff
Stock Markets End in Green Buoyed by Falling Oil Prices and Positive Global CuesRediff
Iran's IRGC Warns Ships Using New Hormuz Route Face Danger
IRGC warned ships against using new Hormuz routes, raising fresh concerns over global oil flows.
Benchmarks hold their ground despite late profit booking
The benchmark indices ended marginally higher on Thursday, extending gains for a second straight session. The Nifty climbed to a more than one-month high of 24,261.60 around noon, supported by easing crude oil prices and buying in auto and FMCG stocks. However, profit booking in the second half erased most of the intraday gains, while weakness in metal, IT, oil & gas and energy stocks capped the upside. The Nifty still managed to close above the 24,000 mark. Broader markets underperformed, with the midcap and smallcap indices ending in the red.
Rupee Rises To 94.39 Per US Dollar As Lower Oil Prices Lift Sentiment
The rupee had appreciated 21 paise to settle at 94.55 against the US dollar on Wednesday.
Sensex settles 109 pts higher; Nifty ends above 24,050 mark; VIX slides 2.50%
The Nifty settled above the 24,050 mark. Metal, oil & gas and IT shares declined while auto, FMCG and realty shares advanced.
‘Korean markets are like small caps’, says Capitalmind Mutual Fund CEO Deepak Shenoy; Kospi jumps 5%
Investor sentiment in South Korea shifted amid falling oil prices and positive news from US-Iran talks. However, proposed taxes on unrealised gains introduced uncertainty, contributing to significant market volatility and sharp fluctuations for major technology stocks.
ONGC, bp sign technical services contract to boost production from Western Offshore Basin
ONGC and bp have inked a deal to boost oil and gas output from the Western Offshore Basin. This partnership leverages bp's global expertise to enhance production from India's most prolific hydrocarbon region. The agreement aims to curb production decline, improve recovery rates, and strengthen the nation's energy security, building on successful collaboration at Mumbai High.
TCI Express Ltd leads losers in 'B' group
Blue Cloud Softech Solutions Ltd, Panama Petrochem Ltd, Sedemac Mechatronics Ltd and Savita Oil Technologies Ltd are among the other losers in the BSE's 'B' group today, 25 June 2026.
Tribal council rejects Blinkit's trading license permission in Meghalaya
Meghalaya's Khasi Hills Autonomous District Council has denied Blinkit a trading license, citing concerns over its business model impacting over 4,000 local grocery stores. The council chief stated that platforms threatening indigenous traders won't be permitted. Blinkit, which had begun operations and hired delivery partners, has since ceased them due to the lack of mandatory licenses. This move prioritizes safeguarding local retailers against app-based delivery services offering deep discounts.
Nifty 50 up just 2% in last 2 years. Could a bull run be next amid falling oil prices, easing geopolitical risks? - Mint
Nifty 50 up just 2% in last 2 years. Could a bull run be next amid falling oil prices, easing geopolitical risks?Mint
IndiGo shares extend rally as easing crude prices and West Asia tensions lift sentiment
A sharp correction in crude oil prices has emerged as a key positive for airlines. Crude has retreated close to pre-conflict levels, improving the outlook for fuel expenses, which account for nearly 30% of an airline's operating costs.
India's AI infrastructure opportunity is being underestimated, says Abhay Laijawala
Abhay Laijawala, MD & CIO-India at Lighthouse Canton, believes key concerns weighing on India—including oil prices, currency stability and the perception that India lacks an AI story—are turning into tailwinds. He argues investors are overlooking India's role in the global AI infrastructure buildout, spanning data centres, power, cooling systems and capital goods. Laijawala is positive on engineering, capital goods and textiles, while remaining cautious on consumer staples due to El Niño risks.